Where Do American Students Have The Highest Debt?

March 14th, 2015
in News, econ_news, syndication

from Felix Richter, Statista.com
by Niall McCarthy

Student debt in the United States stands at a whopping $1.3 trillion - some experts consider this higher than the rest of the world combined.

Follow up:

It causes countless economic problems with young couples holding off on buying houses, failure to pay off car loans, rising default rates - the list goes on and on.

Where in the United States is the debt burden the heaviest? Washington D.C. has the highest average debt levels by quite a stretch. Student borrowers in the U.S. capital had an average debt of $40,885 in January 2015. There is a $10,000 gap to second placed Georgia where the average indebted student owes $30,443. The top three is rounded off by Maryland where student who have borrowed have an average debt mountain of $30,064.

This chart shows average student debt per borrower in selected U.S. states and the District of Columbia in January 2015.

Infographic: Where Do American Students Have The Highest Debt? | Statista
You will find more statistics at Statista

 















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