So many graduates are strapped with student load debt. It is the second highest debt a person can have, second to only a mortgage or cost of living such as lease or rental payments.

According to a recent study, the average graduate in 2013 has $28,400 he or she needs to pay off. If your looking or needing some good news, that's $1,000 less than the class of 2012 owes. Still, it's a very sad commentary on how this country is not only making money on the back of students college education,  but it also is an example of how education is disgustingly too expensive. Do a Google search of the salaries of top university presidents. It's absurd!

Wallethub has come up with the states that are the  best and worst for working on student debt. They did that by combining things like amounts of average loan, median incomes, home ownership rates for adults ages 25-34, and unemployment rates. Of course a states economy played a big factor is this equation.

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This should come as no surprise that North Dakota comes in the top of this list. Low unemployment rates and a strong economy places NoDak at #3. According to Wallethub-

North Dakota  has pushed up median incomes to over $55,000--$3,000 more than the national average--and pushed down unemployment to 2.8 percent, the lowest in the nation. The most recent figues for average student debt owed by recent grads in that state showed it to be around $27,000, below the national average.

Coming in at #2 is Wyoming and #1 is Utah.

Here is an interesting side note from Wallethub- the state with the highest percentage of students with debt is South Dakota, while Nevada has the lowest percentage. Mississippi has the highest percentage of grads with debt that's late or in default, while Vermont has the lowest.