States with the Highest Student Loan Payments (2023)

from WalletHub Oct 26, 2023

Around 43.8 million Americans owe a collective $1.64 trillion in student loans. That comes out to an average of over $37,000 of debt for each borrower. As the student loan payment moratorium has come to an end and payments have resumed, residents in some states are seeing higher student loan payment amounts than others.

In order to determine the states with the most and least costly payments, WalletHub analyzed the latest consumer data and compared the median student loan payment amounts across the 50 states.

Hawaii ranks third-highest with a $223 median student loan payment.

read… Full Report