General World News

Here’s the amount of student debt owed by every US state and DC, in billions

Student studying in class

  • 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.
  • Visit Business Insider’s homepage for more stories.

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 >>>

Source:: BusinessInsider.Com