{"id":354170,"date":"2019-08-21T07:00:20","date_gmt":"2019-08-21T13:00:20","guid":{"rendered":"https:\/\/www.creditrepair.com\/blog\/?p=354170"},"modified":"2022-07-15T10:37:45","modified_gmt":"2022-07-15T16:37:45","slug":"student-debt-across-the-country","status":"publish","type":"post","link":"https:\/\/www.creditrepair.com\/blog\/lending\/student-debt-across-the-country\/","title":{"rendered":"Student Debt Across the Country"},"content":{"rendered":"

\"Student<\/span><\/p>\n

The challenge of student loan debt in America has received a lot of attention in the past two decades. This is mainly because the test of affordability for college students has remained difficult for many college graduates to manage. In recent years, the growth in college debt has stabilized and even decreased a tiny bit. About <\/span>65% of students<\/span><\/a> who graduated from a four-year college in 2017 had debt from student loans. This is a slight decrease from the prior year but is still historically high. These students owed an average of $28,650, a small uptick of 1% over the 2016 average, an amount less than the rate of inflation.\u00a0<\/span><\/p>\n

Even so, these debt levels present a tough challenge for many graduates entering the workforce or considering additional education. Whether the loans are issued by private lenders or by government entities, the amounts must be paid back and pose a burden to borrowers. A number of questions arise. Where are graduates hit the hardest by student loans? Is there an area of the country where debt levels are lower? Which institutions produce graduates with the highest level of debt? Are high debt levels at high-priced schools offset by higher starting salaries for graduates?<\/span><\/p>\n

To provide a clearer picture of student loan debt in America, this report looked at a variety of reputable sources. These include information from the following main resources:<\/span><\/p>\n