College debt: How does your state compare?

As we’ve written, student debt is a symptom of a much larger problem–the rising cost of college.

Over the past two decades, the price of college has increased significantly, and financial aid hasn’t kept up, leaving families and students to shoulder the costs.

Student debt by state

Students across the country have suffered from the increased burden of college debt, from California to Maine. Unfortunately, even states with strong public university systems aren’t immune.

But student debt seems to have hit some areas of the country more than others.

The interesting infographic below from CampusLogic shows the average debt per state for college graduates.

College graduates in Northeast carry more debt

Generally, students in the Northeast carry the most student debt.

New Hampshire tops the list with an average debt of $32,795 per student, followed by Delaware ($32,571) and Pennsylvania ($32,528).

College graduates in the West seem lucky by comparison.

Students in New Mexico graduate with only $18,656 in student debt, the lowest total in the country by far. They’re followed by California ($20,340) and Nevada ($21,666).

Reduce college costs to avoid debt

This map can help provide students and families with some perspective when deciding whether to take out loans to pay for college. No matter what state you’re in, it’s a good idea to reduce your college costs to avoid graduating with mountains of debt.

We help make college more affordable for students and families so that they can avoid becoming another debt statistic.

And for graduates already struggling to repay their debt, we can help you reduce your payments and find the best student loan repayment plan for your situation.

To find out how we can help, contact us using this form or call us toll-free at 1-888-234-3907.