Student loan debt average nears $30K

An article by US News and World Report highlights a new report from the Institute for College Access and Success, stating that about 70% of 2013 graduates had student debt that averages $28,400.

New Hampshire, Delaware, Pennsylvania, Rhode Island and Minnesota topped the list of high-debt states, with averages above $30,000. The states with the lowest debt levels were New Mexico, California, Nevada, the District of Columbia and Oklahoma, although just one – New Mexico – had an average debt level below $20,000.

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