Wow, did you know that the country’s $1.7 trillion in student debt is not evenly distributed?
A recent analysis of government data focused on the average student debt in each state revealed some interesting findings. At the top of the list is Maryland, with an average of $43,116 of student debt per borrower, according to the analysis released by Degree Choices.
Curious about the other states that made it into the top 10? Check out the full list here.
But it’s not just about the numbers – it’s also about how borrowers in different states are managing their student loans. According to the White House, nearly 5.5 million borrowers have signed up for SAVE, a payment program introduced by the Biden administration earlier this year.
For more details on how this new program is impacting student loan borrowers, check out the full article here.