Pennsylvanian Millennials Are Screwed: Have Most Student Debt, On Average, Than Any Other State

The student debt crisis is rapidly expanding, hitting a new record high of $1.6 trillion in 2019 and surpassing auto loans and credit card debt post-GFC. About 44 million Americans, or 20% of adults, have insurmountable student debts.

According to Douglas McIntyre with 24/7 Wall Street, who examined brand-new student loan data from LendEDU, told KYW Philadelphia that college graduates in Pennsylvania, on average, have highest student loan debts in the US, coming in at $36,000 per graduate.

There are some other notable things about the state, which is the number of graduates with debt is 67%, which is the fifth highest of all the states," McIntyre said.

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