Staggering Student Debt In South Dakota Is Astonishing
To say that students across the U.S. are being crushed by debt is not an exaggeration. My nephew is one of those young adults battling a monster that will follow him far into his future.
So when I took a look at Wallet Hub's latest study on the States with the Most & Least Student Debt, I was kind of surprised to see Colorado in 44th place. (He was a student at the University of Colorado Boulder).
Unfortunately for South Dakota college students, debt which was incurred in school, put our state in 3rd place. And the main reason for that was a lack of availability for grants and work situations.
The ten schools with the most student debt include:
- West Virginia
- South Dakota
- New Hampshire
- Rhode Island
- South Carolina
- North Dakota
The ten schools with the least student debt include:
- District of Columbia
- New Mexico
I'm sure if you were to ask any of the young people in the states in the middle they'd also say that student loan debt is a problem.
How do we deal with it? Much student debt has been forgiven already and more is to come. Opinion on this issue is divided as you might expect.
To see more information just go to WalletHub's States With the Most & Least Student Debt study.
Flashback 1992: Inside Sioux Falls Old Washington High School