Study Ranks The DMV In Top #4 For Highest Amount Of Student Debt
Study Ranks The DMV In Top #4 For Highest Amount Of Student Debt In The Nation
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Maryland only trails Washington D.C. The study comes after the U.S. Department of Education said it would forgive more than 804,000 federal student loan borrowers “to ensure all borrowers have an accurate count of the number of monthly payments that qualify toward forgiveness under income-driven repayment (IDR) plans.” However, that announcement followed the Supreme Court ruling against President Joe Biden’s plan to forgive up to $20,000 in federal student loan debt for all borrowers making less than $125,000 a year. To check out the full findings from the study, click here. Keep scrolling to see the top ten states. Get Breaking News & Exclusive Content in Your Inbox:DON’T MISS THESE STORIES…
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1. Washington D.C.
Total Debt: $6.1 billion
Borrowers: 111,200
Average Student Loan Debt: $54,856
2. Maryland
Total Debt: $34.5 billion
Borrowers: 808,600
Average Amount Of Debt:$42,666
3. Georgia
Total Debt:$65 billion
Borrowers: 1,607,400
Average Amount Of Student Loan Debt: $40,438
4. Virginia
Total Debt: $41 billion
Borrowers: 1,060,000
Average Amount Of Student Loan Debt: 38,679
5. Florida
Total Debt: $95.8 billion
Borrowers: 2,531,200
Average Amount Of Student Debt: $37,848
6. Illinois
Total Debt: $59 billion
Borrowers: 1,562,900
Average Amount Of Student Debt: $37,750
7. New York
Total Debt: $88.9 billion
Borrowers: 2,359,800
Average Amount Of Student Debt: $37,673
8. Hawaii
Total Debt: $4.3 billion
Borrowers: 115,300
Average Amount Of Student Debt: $37,294
9. Vermont
Total Debt: $2.8 billion
Borrowers: 75,100
Average Amount Of Student Debt: $37,284
10. California
Total Debt: $137.6 billion
Borrowers: 3,696,600
Average Amount Of Student Debt: $37,223
Study Ranks The DMV In Top #4 For Highest Amount Of Student Debt In The Nation was originally published on 92q.com
