Wallet Hub - With the average student loan debt reaching over $39,000 per borrower,
the personal-finance website WalletHub today released its report on 2025’s States with the Most and Least Student Debt, as well as expert commentary.
To determine the states that are friendliest toward student-loan
debtors, WalletHub compared the 50 states and the District of Columbia
across 12 key metrics. The data set ranges from average student debt to
unemployment rate among the population aged 25 to 34 to share of
students with past-due loan balances.
| States With the Most Student Debt | States With the Least Student Debt |
|---|---|
| 1. Mississippi | 42. Alaska |
| 2. New Hampshire | 43. Nevada |
| 3. Pennsylvania | 44. District of Columbia |
| 4. Delaware | 45. Colorado |
| 5. South Dakota | 46. Oregon |
| 6. South Carolina | 47. Washington |
| 7. Kentucky | 48. New Mexico |
| 8. West Virginia | 49. California |
| 9. New Jersey | 50. Utah |
| 10. Ohio | 51. Hawaii |
Best vs. Worst
- Utah has the lowest average student debt, which is 2.2 times lower than in New Hampshire, the state with the highest.
- Utah has the lowest proportion of students with debt, which is 1.9 times lower than in South Dakota, the state with the highest.
- Montana has the lowest share of student loans in past-due or default status, which is 7.5 times lower than in New Hampshire, the state with the highest.
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