The Briefing Room
General Category => Economy/Business => Topic started by: SirLinksALot on May 01, 2018, 03:55:03 pm
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SOURCE: CNBC
URL: https://www.cnbc.com/2018/04/06/these-are-the-10-states-people-have-the-most-college-debt-.html (https://www.cnbc.com/2018/04/06/these-are-the-10-states-people-have-the-most-college-debt-.html)
by Annie Nova
Student loan debt in America has been called a crisis.
The loans many students take out to cover their education can impair them from owning houses and saving for retirement later in life.
And many others can't even make their monthly payments. Some 40 percent of borrowers are expected to default on their loans by 2023.
In some states, the situation is worse than others.
That's the takeaway from a new project by The Urban Institute, a nonpartisan think tank, which has mapped student loan debt across the country.
Here are 10 states hit hard by student loans.
1) Washington, D.C.
Share of residents with student loan debt: 21%
Median student loan debt: $24,131
Median student loan debt in collections: $10,154
2) New Hampshire
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Do not see how this is pertinent whatsoever to do this by state. A guy with debt can easily go be a resident of another state.
What would be interesting is to see the universities where that debt was racked up.