North Dakota’s Student Loan Debt One Of Highest In The Country?
Student loans are terrible. Let's not pretend otherwise. Many of us will be paying on ours for the better part of a decade.
According to WalletHub, the average student is in $37,000 of debt by the time they graduate, and there are 43.4 million people who've taken out loans as of 2022.
How Bad Is It?
How bad is the student loan debt in the state of North Dakota? Do we have less debt than other places? More? These are interesting and important things to know.
A survey was done by WalletHub, and what it found was actually pretty surprising. They looked at the average amount of student loan debt in each state, how many people have past due loan balances, and used nine other metrics to come up with these findings. So, let's dive in.
The Worst State For Student Loan Debt
Before we get into where North Dakota ranks, let's look at the worst state in the country. The state with the most student debt is West Virginia. The runner up in Pennsylvania, and you might be surprised to find out that South Dakota is the third worst state.
And The Best?
The state with the least student debt is Utah, then runner up is the District of Columbia.
Okay, okay I'll get to it. North Dakota doesn't rank well in this arena. sadly North Dakota is the 10th WORST state for student loan debt. Yikes!
I feel like every other day we hear buzz about our loan debt getting cancelled. I'm still very much holding my breath; I'm in deep.
Origin Of North Dakota City Names
States with the most registered hunters