South Carolina Is the State with the 8th Most Student Debt – WalletHub Study

WalletHub on Wednesday released its study on 2023’s States with the Most and Least Student Debt and South Carolina ranked as having the 8th most in the country.

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.

Student Debt in South Carolina (1=Most; 25=Avg.):

• 11^th – Avg. Student Debt
• 12^th – Proportion of Students with Debt
• 4^th – Student Debt as % of Income (Adjusted for Cost of Living)
• 27^th – % of Student Loans Past Due or in Default
• 27^th – Availability of Student Jobs
• 29^th – Availability of Paid Internships
• 28^th – Grant Growth

To see the full report, click here.

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