The Center Square
New Hampshire finished fourth in a study by the website 24/7 Wall St. examining average student loan debt for college graduates in the 50 states.
The analysis characterized student loan debt as a growing problem in the United States, noting that the debt hit a new high of $1.5 trillion this year. Nearly 20 percent of U.S. adults have student loan debt, the study said..
The average borrower in New Hampshire has a debt of $33,462, according to the analysis, which is based on data from the website LendEDU. The share of graduates in the state with debt stood at 74 percent.
And 36.9 percent of residents in the state have bachelor’s degrees, according to 24/7 Wall St.
College loan liabilities have led more than 25 percent of borrowers to postpone marriage or start a family, LendEDU reports. And more than 50 percent of those with student loans delay purchasing a home or saving for their golden years, according to the website.
Which States Have the Highest Student Loan Debt?
Rank | State | Avg. Debt per Borrower | Graduates With Debt | Adults With Bachelor’s Degrees | Median Household Income |
1 | Pennsylvania | $36,193 | 67% | 31.4% | $59,195 |
2 | Rhode Island | $35,371 | 64% | 33.5% | $63,870 |
3 | Delaware | $34,144 | 62% | 31.5% | $62,852 |
4 | New Hampshire | $33,462 | 74% | 36.9% | $73,381 |
5 | Alabama | $31,861 | 50% | 25.5% | $48,123 |
6 | Connecticut | $31,643 | 58% | 38.7% | $74,168 |
7 | New York | $31,506 | 64% | 36% | $64,894 |
8 | South Dakota | $31,332 | 73% | 28.1% | $56,521 |
9 | Massachusetts | $31,319 | 59% | 43.4% | $77,385 |
10 | Minnesota | $31,231 | 68% | 36.1% | $68,388 |
11 | Michigan | $30,978 | 58% | 29.1% | $54,909 |
12 | New Jersey | $30,794 | 62% | 39.7% | $80,088 |
13 | Maine | $30,321 | 59% | 32.1% | $56,277 |
14 | South Carolina | $30,310 | 58% | 28% | $50,570 |
15 | Mississippi | $30,268 | 50% | 21.9% | $43,529 |
16 | Ohio | $29,723 | 64% | 28% | $54,021 |
17 | Vermont | $29,656 | 60% | 38.3% | $57,513 |
18 | Wisconsin | $29,569 | 65% | 30.4% | $59,305 |
19 | Iowa | $29,411 | 62% | 28.9% | $58,570 |
20 | Indiana | $29,405 | 58% | 26.8% | $54,181 |
21 | Virginia | $29,316 | 56% | 38.7% | $71,535 |
22 | Maryland | $28,844 | 56% | 39.7% | $80,776 |
23 | Illinois | $28,424 | 61% | 34.4% | $62,992 |
24 | Montana | $28,389 | 59% | 32.3% | $53,386 |
25 | Georgia | $28,376 | 57% | 30.9% | $56,183 |
26 | Kentucky | $28,078 | 60% | 24% | $48,375 |
27 | West Virginia | $27,608 | 70% | 20.2% | $43,469 |
28 | Kansas | $27,604 | 58% | 33.7% | $56,422 |
29 | Oregon | $27,550 | 57% | 33.7% | $60,212 |
30 | Texas | $27,001 | 55% | 29.6% | $59,206 |
31 | Missouri | $26,834 | 59% | 29.1% | $53,578 |
32 | Louisiana | $26,808 | 48% | 23.8% | $46,145 |
33 | Colorado | $26,662 | 52% | 41.2% | $69,117 |
34 | Idaho | $26,604 | 61% | 26.8% | $52,225 |
35 | Arkansas | $26,561 | 55% | 23.4% | $45,869 |
36 | Oklahoma | $26,270 | 48% | 25.5% | $50,051 |
37 | North Carolina | $26,164 | 58% | 31.3% | $52,752 |
38 | North Dakota | $26,080 | 66% | 30.7% | $61,843 |
39 | Nebraska | $25,501 | 55% | 31.7% | $59,970 |
40 | Alaska | $25,349 | 46% | 28.8% | $73,181 |
41 | Tennessee | $25,054 | 56% | 27.3% | $51,340 |
42 | Hawaii | $24,955 | 49% | 32.9% | $77,765 |
43 | Arizona | $23,913 | 54% | 29.4% | $56,581 |
44 | Florida | $23,556 | 50% | 29.7% | $52,594 |
45 | Washington | $23,359 | 52% | 35.5% | $70,979 |
46 | Wyoming | $22,524 | 47% | 27.6% | $60,434 |
47 | California | $22,383 | 50% | 33.6% | $71,805 |
48 | Nevada | $22,026 | 49% | 24.9% | $58,003 |
49 | New Mexico | $21,805 | 53% | 27.1% | $46,744 |
50 | Utah | $18,425 | 39% | 34.6% | $68,358 |
Source: 24/7 Wall St. and LendEDU.com
Bernie/s wife ran a higher education – all right.
Took big salary, spent big money on her daughters remote wood working shop,
where a large part of the “students” were educated.
took a $200,000 pay off for quitting under a cloud.
Now “stalled” inquiry about her loan application for buying a $10,000,000 property, being fraudulent
Lest we not forget, one of many Bernie’s give aways is the forgiveness of that $1.3 trillion by taxing the “rich”. Problem is that by the time they pay for Bernie’s other pie in the sky goodies, they’ll be dead BROKE!!!!