- Student debt is one of the biggest and fastest-growing financial burdens on Americans.
- Using data from the Department of Education, we found the overall debt burden and average balance per borrower in each state and DC.
- Residents of California owe as much as $131 billion in student debt altogether, while DC residents had the highest average balance per borrower at over $50,000.
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Student debt is one of the fastest-growing financial burdens on Americans, with over $1.5 trillion in outstanding balances.
With tuition skyrocketing and a college education continuing to be necessary to join or stay read more >>>