🎓 Student Loan Debt: A Look Across the U.S. 📊

The average student loan debt varies significantly across the U.S., reflecting differences in tuition costs, state policies, and borrowing behaviors.

💵 Key Insights: ➡️ The national average for student loan debt is $28,950 per borrower. ➡️ States with the lowest debt averages include Utah ($18,344) and New Mexico ($20,868). ➡️ On the other hand, states like New Hampshire ($39,928) and Delaware ($39,255) lead with the highest average debts. ➡️ Regional trends highlight the Northeast as a hotspot for higher borrowing, while the West generally shows lower averages.

🔍 What's Driving This? State-specific factors such as public funding for education, average tuition costs, and the economic landscape all play a role.

📈 As debates over student debt relief and education affordability continue, understanding these geographic differences is crucial for crafting equitable solutions.

How does your state compare? Dive into the full visual report here: https://lnkd.in/gkWAgF_K

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