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Saturday, August 31, 2019

College debt is the highest in one very specific region

For most Americans, it's one of the first ways they get into debt.

Student loans have now surpassed $1.6 trillion, double of what it was just a decade ago.

A new report by LendEDU reveals he top five states with the highest average student debt per borrower are concentrated in one region - the Northeast:
  1. Connecticut
  2. New Hampshire
  3. Pennsylvania
  4. Rhode Island
  5. Delaware
"Data shows student debt across the country is twice what it was 10 years ago and it affects more than 44 million Americans," Fox News Correspondent Jacqui Heinrich told FOX Business' Neil Cavuto on "Cavuto: Coast to Coast."

More

https://www.foxbusiness.com/personal-finance/student-loan-debt-record-high-top-states

4 comments:

TheRealRay said...

Parents of these children are to blame...

Anonymous said...

WTH? Not every parent can afford to send their child to college, so student loans are the only option for many families.

Anonymous said...

Right! Because most 18-22 year olds listen to and obey their parents. NOT. These loans are being contracted without parental co-signers. I have 2 in college now, 9 older ones attended (6 of whom graduated) in last 20 years. I didn’t sign or co-sign any loans.

Anonymous said...

My thoughts exactly!