These are the worst states for student debt

Personal Finance


Dealing with crippling student debt is not on anyone’s post-grad wish list— yet it’s a reality many people face.

Student debt has skyrocketed more than 256 percent from 2004 to 2015, according to a recent analysis from ValuePenguin. Outstanding college-loan balances at the end of the first quarter of 2017 totaled $1.34 trillion, according to the Federal Reserve Bank of New York. That’s up $34 billion from the end of 2016.

The average outstanding balance is $26,700. However, about two million graduates are dealing with loans totaling more than $100,000.

When it comes to wrestling with debt, grads in some states fare worse than others. From ValuePenguin’s data, here are the top 10 states with the highest proportion of students wrestling with debt.



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