A State-by-State Breakdown of Student Loan Debt

In 2015, 68% of college students graduated with student loan debt – that's a massive number. While many schools do offer substantial financial aid options, the price of college has increased over 1,000% in the last 30 years, and it's safe to say that wage increases have not matched.

The issue of student loans is now nationwide and it seems to be ever-growing. So, the Institute for College Access & Success (TICAS) did a little number crunching to see how monumental the problem really is. For the record, the most recent numbers they had access to were from 2015.

In their findings they provided us with a state-by-state breakdown of student debt with respect to four-year bachelor's degree programs. We're listing them out below from the state with the lowest student debt to the state with the highest average student loan debt. Side note, North Dakota is not included because according to TICAS there wasn't enough data for sound analysis.

Without further ado:

Utah

  • 41% of 2015 grads had student loan debt.
  • Average debt $18,873.

New Mexico

  • 58% of 2015 grads had student loan debt.
  • Average debt $20,193.

Wyoming

  • 46% of 2015 grads had student loan debt.
  • Average debt $22,683.

Florida

  • 53% of 2015 grads had student loan debt.
  • Average debt $23,379.

Hawaii

  • 50% of 2015 grads had student loan debt.
  • Average debt $23,456.

Nevada

  • 47% of 2015 grads had student loan debt.
  • Average debt $23,462.

Arizona

  • 56% of 2015 grads had student loan debt.
  • Average debt $23,780.

Washington

  • 57% of 2015 grads had student loan debt.
  • Average debt $24,600.

Oklahoma

  • 52% of 2015 grads had student loan debt.
  • Average debt $24,849.

North Carolina

  • 61% of 2015 grads had student loan debt.
  • Average debt $25,645.

Colorado

  • 56% of 2015 grads had student loan debt.
  • Average debt $25,840.

Arkansas

  • 57% of 2015 grads had student loan debt.
  • Average debt $26,082.

Tennessee

  • 60% of 2015 grads had student loan debt.
  • Average debt $26,083.

Alaska

  • 55% of 2015 grads had student loan debt.
  • Average debt $26,171.

Nebraska

  • 60% of 2015 grads had student loan debt.
  • Average debt $26,235.

Montana

  • 60% of 2015 grads had student loan debt.
  • Average debt $26,280.

Louisiana

  • 51% of 2015 grads had student loan debt.
  • Average debt $26,865.

Kentucky

  • 64% of 2015 grads had student loan debt.
  • Average debt $27,225.

Texas

  • 56% of 2015 grads had student loan debt.
  • Average debt $27,324.

Missouri

  • 61% of 2015 grads had student loan debt.
  • Average debt $27,480.

Idaho

  • 71% of 2015 grads had student loan debt.
  • Average debt $27,639.

You can check out the rest of the states over on credit.com.