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Delaware Tops States with Highest Average Student Debt

Through statistics gathered from Credit Karma, the U.S. Census Bureau, the Bureau of Labor Statistics and the U.S. Department of Education, the website 24/7 Wall St. recently announced its findings on student debt among ten states with the highest average student debt. Entitled “Student Debt and the Class of 2012,” the report reviewed the proportion of students with student debt in 2012 and the previous decade, and data on educational achievement, median annual incomes, and student loan default and unemployment rates. Based on the class of 2012, graduates from colleges in Delaware had the country’s highest average student debt.

The top ten list is as follows:

  1. Delaware: $33,649
  2. New Hampshire: $32,698
  3. Pennsylvania: $31,675
  4. Minnesota: $31,497
  5. Rhode Island: $31,156
  6. Iowa: $29,456
  7. Maine: $29,352
  8. New Jersey: $29,287
  9. Ohio: $29,037
  10. Michigan: $28,840

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