Student Loan Debt by State [2026]: Average + Total Debt

Report Highlights. District of Columbia residents have the nation’s highest average federal student loan debt at $55,846 per borrower.

D.C. residents are also the most likely to have federal student loan debt; borrowers represent 20.1% of adults.
Californians have the largest collective federal student loan debt ($156.7 billion), and they represent the largest number of borrowers (3.92 million).
Among states^*, Hawaii saw the largest average federal student loan balance growth between 2021 and 2026 (10.7%).
Delaware saw the largest total federal loan balance growth over five (5) years (21.7%).

^*The territory of Puerto Rico saw growth of the average balance and the total balance among federal student loan borrowers (25.8% and 30.0% respectively).

Jump to a state: AL | AK | AZ | AR | CA | CO | CT | DE | DC | FL | GA | HI | ID | IL | IN | IA | KS | KY | LA | ME | MD | MA | MI | MN | MS | MO | MT | NE | NV | NH | NJ | NM | NY | NC | ND | OH | OK | OR | PA | PR | RI | SC | SD | TN | TX | UT | VT | VA | WA | WV | WI | WY

National map: Average Federal Student Loan Debt per Borrower by State according to the U.S. Department of Education

Student Loan Debt by State

Debt variations by location may be due to socioeconomic factors, such as a higher concentration of professionals with advanced degrees (e.g. health specialists with medical school debt) and as well as local accessibility of advanced education. Note that all student loan debt on this page refers to federal student loan debt only; private student loans are not a factor.

Texas saw the greatest borrower growth between 2021 and 2026, up by 12.0% (423,600 more with federal student loan debt).
In every state, at least 62% of borrowers owe $40,000 or less.
Among states, Wyoming has the largest share of borrowers with a federal student loan balance of $10,000 or less (36.9%).

Federal Student Loan Debt by State
Location	Balance (in billions)	Average balance per borrower
Alabama	$26.0	$39,157
Alaska	$2.4	$37,209
Arizona	$34.0	$37,114
Arkansas	$14.5	$35,504
California	$156.7	$39,980
Colorado	$29.7	$38,844
Connecticut	$19.8	$38,417
Delaware	$5.6	$40,639
District of Columbia	$6.4	$55,846
Florida	$113.1	$41,162
Georgia	$74.6	$43,813
Hawaii	$4.9	$40,496
Idaho	$7.5	$34,642
Illinois	$65.3	$40,774
Indiana	$31.0	$34,502
Iowa	$13.5	$31,885
Kansas	$13.1	$34,537
Kentucky	$21.6	$35,088
Louisiana	$25.1	$36,167
Maine	$6.7	$35,906
Maryland	$38.4	$45,589
Massachusetts	$33.4	$37,086
Michigan	$53.2	$38,626
Minnesota	$27.5	$35,594
Mississippi	$17.8	$39,009
Missouri	$30.6	$37,024
Montana	$4.5	$35,601
Nebraska	$8.2	$33,676
Nevada	$13.2	$35,879
New Hampshire	$6.8	$36,228
New Jersey	$48.4	$39,174
New Mexico	$8.0	$35,398
New York	$99.9	$40,666
North Carolina	$55.8	$40,455
North Dakota	$2.7	$30,543
Ohio	$64.3	$36,311
Oklahoma	$17.1	$33,483
Oregon	$20.8	$39,499
Pennsylvania	$69.6	$37,542
Puerto Rico	$11.7	$34,728
Rhode Island	$5.1	$34,068
South Carolina	$31.4	$40,138
South Dakota	$3.7	$31,705
Tennessee	$34.6	$38,664
Texas	$138.3	$35,014
Utah	$11.1	$35,429
Vermont	$2.9	$38,770
Virginia	$45.5	$41,916
Washington	$29.6	$38,139
West Virginia	$7.7	$33,728
Wisconsin	$24.0	$33,846
Wyoming	$1.8	$32,847
Other	$5.0	$51,813
Not Reported	$52.2	$26,724

Student Loan Debt in Alabama

Federal student loan borrowers in Alabama owe an average of $39,157.

664,000 Alabama residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Alabama borrowers increased 4.84%.
The average federal student loan balance in Alabama is 1.20% below the national average.
Collectively, Alabama borrowers have a federal student loan debt balance of $26.00 billion.
16.3% of adults in Alabama have federal student loan debt.
Over five (5) years, the total federal student loan balance among Alabama borrowers increased $2.90 billion (12.55%); the number of borrowers grew by 45,500 (7.36%).
70.6% of Alabama federal student loan borrowers owe $40,000 or less; their share represents 26.4% of the state’s total outstanding balance.
30.1% of federal student loan borrowers in Alabama owe $10,000 or less.

National map: Share of Adult Population with Federal Student Loan Debt according to the U.S. Department of Education

Student Loan Debt in Alaska

Federal student loan borrowers in Alaska have an average outstanding balance of $37,209.

64,500 Alaska residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Alaska borrowers increased 8.07%.
The average federal student loan balance in Alaska is 6.12% below the national average.
Collectively, Alaska borrowers have a federal student loan debt balance of $2.40 billion.
11.4% of adults in Alaska have federal student loan debt.
Over five (5) years, the total federal student loan balance among Alaska borrowers increased by $100 million (4.35%); the number of borrowers declined by 2,300 (3.44%).
73.5% of Alaska federal student loan borrowers owe $40,000 or less; their share represents 28.0% of the state’s total outstanding balance.
33.3% of federal student loan borrowers in Alaska owe $10,000 or less.

National map: Average Federal Student Loan Debt Balance 5-Year Growth, 2021-26 according to the U.S. Department of Education

Student Loan Debt in Arizona

Federal student loan borrowers in Arizona have an average outstanding balance of $37,114.

916,100 Arizona residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Arizona borrowers increased 4.68%.
The average federal student loan balance in Arizona is 6.36% below the national average.
Collectively, Arizona borrowers have a federal student loan debt balance of $34.00 billion.
15.2% of adults in Arizona have federal student loan debt.
Over five (5) years, the total federal student loan balance among Arizona borrowers increased $3.30 billion (10.7%); the number of borrowers grew by 50,200 (5.80%).
74.4% of Arizona federal student loan borrowers owe $40,000 or less; their share represents 27.9% of the state’s total outstanding balance.
33.9% of federal student loan borrowers in Arizona owe $10,000 or less.

Federal Student Loan Borrowers by State
Location	Number of Borrowers	Borrowers as a Share of the Adult Population
Alabama	664,000	16.3%
Alaska	64,500	11.4%
Arizona	916,100	15.2%
Arkansas	408,400	16.9%
California	3,919,500	12.6%
Colorado	764,600	16.0%
Connecticut	515,400	17.4%
Delaware	137,800	16.2%
District of Columbia	114,600	20.1%
Florida	2,747,700	14.4%
Georgia	1,702,700	19.4%
Hawaii	121,000	10.5%
Idaho	216,500	13.9%
Illinois	1,601,500	15.9%
Indiana	898,500	16.6%
Iowa	423,400	16.8%
Kansas	379,300	16.5%
Kentucky	615,600	17.1%
Louisiana	694,000	19.4%
Maine	186,600	15.9%
Maryland	842,300	17.1%
Massachusetts	900,600	15.5%
Michigan	1,377,300	17.1%
Minnesota	772,600	17.0%
Mississippi	456,300	19.9%
Missouri	826,500	16.8%
Montana	126,400	13.8%
Nebraska	243,500	15.8%
Nevada	367,900	14.1%
New Hampshire	187,700	16.0%
New Jersey	1,235,500	16.3%
New Mexico	226,000	13.4%
New York	2,456,600	15.3%
North Carolina	1,379,300	15.6%
North Dakota	88,400	14.3%
Ohio	1,770,800	18.9%
Oklahoma	510,700	16.1%
Oregon	526,600	15.2%
Pennsylvania	1,853,900	17.7%
Puerto Rico	336,900	12.3%
Rhode Island	149,700	16.3%
South Carolina	782,300	17.7%
South Dakota	116,700	16.3%
Tennessee	894,900	15.6%
Texas	3,949,800	16.4%
Utah	313,300	12.0%
Vermont	74,800	14.0%
Virginia	1,085,500	15.5%
Washington	776,100	12.2%
West Virginia	228,300	16.1%
Wisconsin	709,100	14.9%
Wyoming	54,800	11.9%
Other	96,500	NA
Not Reported	1,953,300	NA

Student Loan Debt in Arkansas

Federal student loan borrowers in Arkansas have an average outstanding balance of $35,504.

408,400 Arkansas residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Arkansas borrowers increased 5.90%.
The average federal student loan balance in Arkansas is 10.4% below the national average.
Collectively, Arkansas borrowers have a federal student loan debt balance of $14.5 billion.
16.9% of adults in Arkansas have federal student loan debt.
Over five (5) years, the total federal student loan balance among Arkansas borrowers increased by $1.7 billion (13.3%); the number of borrowers grew by 26,600 (6.97%).
73.2% of Arkansas federal student loan borrowers owe $40,000 or less; their share represents 29.4% of the state’s total outstanding balance.
32.7% of federal student loan borrowers in Arkansas owe $10,000 or less.

Student Loan Debt in California

Federal student loan borrowers in California have an average outstanding balance of $39,980.

3.92 million California residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among California borrowers increased 8.24%.
The average federal student loan balance in California is 0.87% above the national average.
Collectively, California borrowers have a federal student loan debt balance of $156.7 billion.
12.6% of adults in California have federal student loan debt.
Over five (5) years, the total federal student loan balance among California borrowers increased by $14 billion (9.81%); the number of borrowers grew by 56,200 (1.45%).
75.0% of California federal student loan borrowers owe $40,000 or less; their share represents 29.4% of the state’s total outstanding balance.
32.7% of federal student loan borrowers in California owe $10,000 or less.

Student Loan Debt in Colorado

Federal student loan borrowers in Colorado have an average outstanding balance of $38,844.

764,600 Colorado residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Colorado borrowers increased 4.64%.
The average federal student loan balance in Colorado is 1.99% below the national average.
Collectively, Colorado borrowers have a federal student loan debt balance of $29.7 billion.
16.0% of adults in Colorado have federal student loan debt.
Over five (5) years, the total federal student loan balance among Colorado borrowers increased by $1.5 billion (5.32%); the number of borrowers grew by 4,900 (0.64%).
72.3% of Colorado federal student loan borrowers owe $40,000 or less; their share represents 27.4% of the state’s total outstanding balance.
30.5% of federal student loan borrowers in Colorado owe $10,000 or less.

Student Loan Debt in Connecticut

Federal student loan borrowers in Connecticut have an average outstanding balance of $38,417.

515,400 Connecticut residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Connecticut borrowers increased 8.38%.
The average federal student loan balance in Connecticut is 3.07% below the national average.
Collectively, Connecticut borrowers have a federal student loan debt balance of $19.8 billion.
17.4% of adults in Connecticut have federal student loan debt.
Over five (5) years, the total federal student loan balance among Connecticut borrowers increased by $2.7 billion (15.8%); the number of borrowers grew by 33,000 (6.84%).
73.7% of Connecticut federal student loan borrowers owe $40,000 or less; their share represents 29.1% of the state’s total outstanding balance.
29.1% of federal student loan borrowers in Connecticut owe $10,000 or less.

Student Loan Debt in Delaware

Federal student loan borrowers in Delaware have an average outstanding balance of $40,639.

137,800 Delaware residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Delaware borrowers increased 8.84%.
The average federal student loan balance in Delaware is 2.54% above the national average.
Collectively, Delaware borrowers have a federal student loan debt balance of $5.6 billion.
16.2% of adults in Delaware have federal student loan debt.
Over five (5) years, the total federal student loan balance among Delaware borrowers increased by $1.0 billion (21.7%); the number of borrowers grew by 14,600 (11.9%).
71.2% of Delaware federal student loan borrowers owe $40,000 or less; their share represents 26.0% of the state’s total outstanding balance.
28.9% of federal student loan borrowers in Delaware owe $10,000 or less.

Student Loan Debt in D.C.

Federal student loan borrowers in the District of Columbia have an average outstanding balance of $55,846.

114,600 District of Columbia residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among D.C. borrowers increased 1.40%.
The average federal student loan balance in D.C. is 40.9% above the national average.
Collectively, D.C. borrowers have a federal student loan debt balance of $6.4 billion.
20.1% of adults in D.C. have federal student loan debt.
Over five (5) years, the total federal student loan balance among D.C. borrowers remained stable; the number of borrowers declined by 1,600 (1.38%).
62.4% of D.C. federal student loan borrowers owe $40,000 or less; their share represents 16.9% of the district’s total outstanding balance.
24.9% of federal student loan borrowers in D.C. owe $10,000 or less.

Student Loan Debt in Florida

Federal student loan borrowers in Florida have an average outstanding balance of $41,162.

2.748 million Florida residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Florida borrowers increased 6.97%.
The average federal student loan balance in Florida is 3.86% above the national average.
Collectively, Florida borrowers have a federal student loan debt balance of $113.1 billion.
14.4% of adults in Florida have federal student loan debt.
Over five (5) years, the total federal student loan balance among Florida borrowers increased by $14.9 billion (15.2%); the number of borrowers grew by 195,800 (7.67%).
71.2% of Florida federal student loan borrowers owe $40,000 or less; their share represents 25.3% of the state’s total outstanding balance.
30.6% of federal student loan borrowers in Florida owe $10,000 or less.

Student Loan Debt in Georgia

Federal student loan borrowers in Georgia have an average outstanding balance of $43,813.

1.703 million Georgia residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Georgia borrowers increased 4.71%.
The average federal student loan balance in Georgia is 10.5% above the national average.
Collectively, Georgia borrowers have a federal student loan debt balance of $74.6 billion.
19.4% of adults in Georgia have federal student loan debt.
Over five (5) years, the total federal student loan balance among Georgia borrowers increased $7.4 billion (11.0%); the number of borrowers grew by 96,700 (6.02%).
67.4% of Georgia federal student loan borrowers owe $40,000 or less; their share represents 23.2% of the state’s total outstanding balance.
27.7% of federal student loan borrowers in Georgia owe $10,000 or less.

Student Loan Debt in Hawaii

Federal student loan borrowers in Hawaii have an average outstanding balance of $40,496.

121,000 Hawaii residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Hawaii borrowers increased 10.7%.
The average federal student loan balance in Hawaii is 2.18% above the national average.
Collectively, Hawaii borrowers have a federal student loan debt balance of $4.9 billion.
10.5% of adults in Hawaii have federal student loan debt.
Over five (5) years, the total federal student loan balance among Hawaii borrowers increased by $500 million (11.4%); the number of borrowers grew by 700 (0.58%).
72.6% of Hawaii federal student loan borrowers owe $40,000 or less; their share represents 26.1% of the state’s total outstanding balance.
31.0% of federal student loan borrowers in Hawaii owe $10,000 or less.

Student Loan Debt in Idaho

Federal student loan borrowers in Idaho have an average outstanding balance of $34,642.

216,500 Idaho residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Idaho borrowers increased 4.66%.
The average federal student loan balance in Idaho is 12.6% below the national average.
Collectively, Idaho borrowers have a federal student loan debt balance of $7.5 billion.
13.9% of adults in Idaho have federal student loan debt.
Over five (5) years, the total federal student loan balance among Idaho borrowers increased by $400 million (5.63%); the number of borrowers grew by 2,000 (0.93%).
74.2% of Idaho federal student loan borrowers owe $40,000 or less; their share represents 30.3% of the state’s total outstanding balance.
33.4% of federal student loan borrowers in Idaho owe $10,000 or less.

Student Loan Debt in Illinois

Federal student loan borrowers in Illinois have an average outstanding balance of $40,774.

1.60 million Illinois residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Illinois borrowers increased 7.10%.
The average federal student loan balance in Illinois is 2.88% above the national average.
Collectively, Illinois borrowers have a federal student loan debt balance of $65.3 billion.
15.9% of adults in Illinois have federal student loan debt.
Over five (5) years, the total federal student loan balance among Illinois borrowers increased by $4.2 billion (6.87%); the number of borrowers declined by 3,400 (0.21%).
72.3% of Illinois federal student loan borrowers owe $40,000 or less; their share represents 26.2% of the state’s total outstanding balance.
29.8% of federal student loan borrowers in Illinois owe $10,000 or less.

Student Loan Debt in Indiana

Federal student loan borrowers in Indiana have an average outstanding balance of $34,502.

898,500 Indiana residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Indiana borrowers increased 4.22%.
The average federal student loan balance in Indiana is 12.9% below the national average.
Collectively, Indiana borrowers have a federal student loan debt balance of $31.0 billion.
16.6% of adults in Indiana have federal student loan debt.
Over five (5) years, the total federal student loan balance among Indiana borrowers increased by $1.4 billion (4.73%); the number of borrowers grew by 4,400 (0.49%).
74.3% of Indiana federal student loan borrowers owe $40,000 or less; their share represents 31.5% of the state’s total outstanding balance.
31.8% of federal student loan borrowers in Indiana owe $10,000 or less.

Student Loan Debt in Iowa

Federal student loan borrowers in Iowa have an average outstanding balance of $31,885.

423,400 Iowa residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Iowa borrowers increased 3.36%.
The average federal student loan balance in Iowa is 19.6% below the national average.
Collectively, Iowa borrowers have a federal student loan debt balance of $13.5 billion.
16.8% of adults in Iowa have federal student loan debt.
Over five (5) years, the total federal student loan balance among Iowa borrowers increased by $300 million (2.27%); the number of borrowers declined by 4,500 (1.05%).
77.0% of Iowa federal student loan borrowers owe $40,000 or less; their share represents 34.7% of the state’s total outstanding balance.
33.5% of federal student loan borrowers in Iowa owe $10,000 or less.

Student Loan Debt in Kansas

Federal student loan borrowers in Kansas have an average outstanding balance of $34,537.

379,300 Kansas residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Kansas borrowers increased 4.25%.
The average federal student loan balance in Kansas is 12.9% below the national average.
Collectively, Kansas borrowers have a federal student loan debt balance of $13.1 billion.
16.5% of adults in Kansas have federal student loan debt.
Over five (5) years, the total federal student loan balance among Kansas borrowers increased by $600 million (4.80%); the number of borrowers grew by 2,000 (0.53%).
74.6% of Kansas federal student loan borrowers owe $40,000 or less; their share represents 31.3% of the state’s total outstanding balance.
32.2% of federal student loan borrowers in Kansas owe $10,000 or less.

Student Loan Debt in Kentucky

Federal student loan borrowers in Kentucky have an average outstanding balance of $35,088.

615,600 Kentucky residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Kentucky borrowers increased 6.25%.
The average federal student loan balance in Kentucky is 11.5% below the national average.
Collectively, Kentucky borrowers have a federal student loan debt balance of $21.6 billion.
17.1% of adults in Kentucky have federal student loan debt.
Over five (5) years, the total federal student loan balance among Kentucky borrowers increased by $2.1 billion (10.8%); the number of borrowers grew by 25,100 (4.25%).
73.3% of Kentucky federal student loan borrowers owe $40,000 or less; their share represents 30.4% of the state’s total outstanding balance.
32.0% of federal student loan borrowers in Kentucky owe $10,000 or less.

Student Loan Debt in Louisiana

Federal student loan borrowers in Louisiana have an average outstanding balance of $36,167.

694,000 Louisiana residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Louisiana borrowers increased 4.28%.
The average federal student loan balance in Louisiana is 8.75% below the national average.
Collectively, Louisiana borrowers have a federal student loan debt balance of $25.1 billion.
19.4% of adults in Louisiana have federal student loan debt.
Over five (5) years, the total federal student loan balance among Louisiana borrowers increased by $3.0 billion (13.6%); the number of borrowers grew by 56,800 (8.91%).
73.4% of Louisiana federal student loan borrowers owe $40,000 or less; their share represents 28.7% of the state’s total outstanding balance.
32.8% of federal student loan borrowers in Louisiana owe $10,000 or less.

Student Loan Debt in Maine

Federal student loan borrowers in Maine have an average outstanding balance of $35,906.

186,600 Maine residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Maine borrowers increased 7.66%.
The average federal student loan balance in Maine is 9.40% below the national average.
Collectively, Maine borrowers have a federal student loan debt balance of $6.7 billion.
15.9% of adults in Maine have federal student loan debt.
Over five (5) years, the total federal student loan balance among Maine borrowers increased by $600 million (9.84%); the number of borrowers grew by 3,700 (2.02%).
75.2% of Maine federal student loan borrowers owe $40,000 or less; their share represents 31.3% of the state’s total outstanding balance.
31.4% of federal student loan borrowers in Maine owe $10,000 or less.

Student Loan Debt in Maryland

Federal student loan borrowers in Maryland have an average outstanding balance of $45,589.

842,300 Maryland residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Maryland borrowers increased 5.49%.
The average federal student loan balance in Maryland is 15.0% above the national average.
Collectively, Maryland borrowers have a federal student loan debt balance of $38.4 billion.
17.1% of adults in Maryland have federal student loan debt.
Over five (5) years, the total federal student loan balance among Maryland borrowers increased by $2.9 billion (8.17%); the number of borrowers grew by 20,900 (2.54%).
68.0% of Maryland federal student loan borrowers owe $40,000 or less; their share represents 22.3% of the state’s total outstanding balance.
27.5% of federal student loan borrowers in Maryland owe $10,000 or less.

Student Loan Debt in Massachusetts

Federal student loan borrowers in Massachusetts have an average outstanding balance of $37,086.

900,600 Massachusetts residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Massachusetts borrowers increased 7.34%.
The average federal student loan balance in Massachusetts is 6.43% below the national average.
Collectively, Massachusetts borrowers have a federal student loan debt balance of $33.4 billion.
15.5% of adults in Massachusetts have federal student loan debt.
Over five (5) years, the total federal student loan balance among Massachusetts borrowers increased by $3.0 billion (9.87%); the number of borrowers grew by 20,700 (2.35%).
76.0% of Massachusetts federal student loan borrowers owe $40,000 or less; their share represents 31.2% of the state’s total outstanding balance.
29.7% of federal student loan borrowers in Massachusetts owe $10,000 or less.

Student Loan Debt in Michigan

Federal student loan borrowers in Michigan have an average outstanding balance of $38,626.

1.377 million Michigan residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Michigan borrowers increased 6.42%.
The average federal student loan balance in Michigan is 2.54% below the national average.
Collectively, Michigan borrowers have a federal student loan debt balance of $53.2 billion.
17.1% of adults in Michigan have federal student loan debt.
Over five (5) years, the total federal student loan balance among Michigan borrowers increased by $2.5 billion (4.93%); the number of borrowers declined by 19,600 (1.40%).
71.7% of Michigan federal student loan borrowers owe $40,000 or less; their share represents 27.3% of the state’s total outstanding balance.
30.4% of federal student loan borrowers in Michigan owe $10,000 or less.

Student Loan Debt in Minnesota

Federal student loan borrowers in Minnesota have an average outstanding balance of $35,594.

772,600 Minnesota residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Minnesota borrowers increased 5.24%.
The average federal student loan balance in Minnesota is 10.2% below the national average.
Collectively, Minnesota borrowers have a federal student loan debt balance of $27.5 billion.
17.0% of adults in Minnesota have federal student loan debt.
Over five (5) years, the total federal student loan balance among Minnesota borrowers increased by $1.2 billion (4.56%); the number of borrowers declined by 5,000 (0.64%).
74.2% of Minnesota federal student loan borrowers owe $40,000 or less; their share represents 31.4% of the state’s total outstanding balance.
29.9% of federal student loan borrowers in Minnesota owe $10,000 or less.

Student Loan Debt in Mississippi

Federal student loan borrowers in Mississippi have an average outstanding balance of $39,009.

456,300 Mississippi residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Mississippi borrowers increased 5.20%.
The average federal student loan balance in Mississippi is 1.57% below the national average.
Collectively, Mississippi borrowers have a federal student loan debt balance of $17.8 billion.
19.9% of adults in Mississippi have federal student loan debt.
Over five (5) years, the total federal student loan balance among Mississippi borrowers increased by $1.8 billion (11.3%); the number of borrowers grew by 24,800 (5.75%).
71.5% of Mississippi federal student loan borrowers owe $40,000 or less; their share represents 25.6% of the state’s total outstanding balance.
32.7% of federal student loan borrowers in Mississippi owe $10,000 or less.

Student Loan Debt in Missouri

Federal student loan borrowers in Missouri have an average outstanding balance of $37,024.

826,500 Missouri residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Missouri borrowers increased 3.69%.
The average federal student loan balance in Missouri is 6.58% below the national average.
Collectively, Missouri borrowers have a federal student loan debt balance of $30.6 billion.
16.8% of adults in Missouri have federal student loan debt.
Over five (5) years, the total federal student loan balance among Missouri borrowers increased by $1.3 billion (4.44%); the number of borrowers grew by 5,900 (0.72%).
72.7% of Missouri federal student loan borrowers owe $40,000 or less; their share represents 29.1% of the state’s total outstanding balance.
30.4% of federal student loan borrowers in Missouri owe $10,000 or less.

Student Loan Debt in Montana

Federal student loan borrowers in Montana have an average outstanding balance of $35,601.

126,400 Montana residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Montana borrowers increased 4.85%.
The average federal student loan balance in Montana is 10.2% below the national average.
Collectively, Montana borrowers have a federal student loan debt balance of $4.5 billion.
13.8% of adults in Montana have federal student loan debt.
Over five (5) years, the total federal student loan balance among Montana borrowers increased by $300 million (7.14%); the number of borrowers grew by 2,700 (2.18%).
74.0% of Montana federal student loan borrowers owe $40,000 or less; their share represents 30.0 of the state’s total outstanding balance.
32.6% of federal student loan borrowers in Montana owe $10,000 or less.

Student Loan Debt in Nebraska

Federal student loan borrowers in Nebraska have an average outstanding balance of $33,676.

243,500 Nebraska residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Nebraska borrowers increased 4.78%.
The average federal student loan balance in Nebraska is 15.0% below the national average.
Collectively, Nebraska borrowers have a federal student loan debt balance of $8.2 billion.
15.8% of adults in Nebraska have federal student loan debt.
Over five (5) years, the total federal student loan balance among Nebraska borrowers increased by $400 million (5.13%); the number of borrowers grew by 800 (0.33%).
76.4% of Nebraska federal student loan borrowers owe $40,000 or less; their share represents 32.2% of the state’s total outstanding balance.
34.2% of federal student loan borrowers in Nebraska owe $10,000 or less.

Student Loan Debt in Nevada

Federal student loan borrowers in Nevada have an average outstanding balance of $35,879.

367,900 Nevada residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Nevada borrowers increased 5.95%.
The average federal student loan balance in Nevada is 9.47% below the national average.
Collectively, Nevada borrowers have a federal student loan debt balance of $13.2 billion.
14.1% of adults in Nevada have federal student loan debt.
Over five (5) years, the total federal student loan balance among Nevada borrowers increased by $1.7 billion (14.8%); the number of borrowers grew by 28,300 (8.33%).
75.6% of Nevada federal student loan borrowers owe $40,000 or less; their share represents 28.4% of the state’s total outstanding balance.
36.0% of federal student loan borrowers in Nevada owe $10,000 or less.

Student Loan Debt in New Hampshire

Federal student loan borrowers in New Hampshire have an average outstanding balance of $36,228.

187,700 New Hampshire residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among New Hampshire borrowers increased 5.46%.
The average federal student loan balance in New Hampshire is 8.59% below the national average.
Collectively, New Hampshire borrowers have a federal student loan debt balance of $6.8 billion.
16.0% of adults in New Hampshire have federal student loan debt.
Over five (5) years, the total federal student loan balance among New Hampshire borrowers increased by $400 million (6.25%); the number of borrowers grew by 1,400 (0.75%).
74.9% of New Hampshire federal student loan borrowers owe $40,000 or less; their share represents 31.2% of the state’s total outstanding balance.
29.5% of federal student loan borrowers in New Hampshire owe $10,000 or less.

Student Loan Debt in New Jersey

Federal student loan borrowers in New Jersey have an average outstanding balance of $39,174.

1.24 million New Jersey residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among New Jersey borrowers increased 9.64%.
The average federal student loan balance in New Jersey is 1.16% below the national average.
Collectively, New Jersey borrowers have a federal student loan debt balance of $48.4 billion.
16.3% of adults in New Jersey have federal student loan debt.
Over five (5) years, the total federal student loan balance among New Jersey borrowers increased by $6.7 billion (16.1%); the number of borrowers grew by 68,400 (5.86%).
74.1% of New Jersey federal student loan borrowers owe $40,000 or less; their share represents 28.2% of the state’s total outstanding balance.
29.7% of federal student loan borrowers in New Jersey owe $10,000 or less.

Student Loan Debt in New Mexico

Federal student loan borrowers in New Mexico have an average outstanding balance of $35,398.

226,000 New Mexico residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among New Mexico borrowers increased 3.39%.
The average federal student loan balance in New Mexico is 10.7% below the national average.
Collectively, New Mexico borrowers have a federal student loan debt balance of $8.0 billion.
13.4% of adults in New Mexico have federal student loan debt.
Over five (5) years, the total federal student loan balance among New Mexico borrowers increased by $300 million (3.90%); the number of borrowers grew by 1,100 (0.49%).
73.8% of New Mexico federal student loan borrowers owe $40,000 or less; their share represents 28.6% of the state’s total outstanding balance.
34.0% of federal student loan borrowers in New Mexico owe $10,000 or less.

Student Loan Debt in New York

Federal student loan borrowers in New York have an average outstanding balance of $40,666.

2.457 million New York residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among New York borrowers increased 6.71%.
The average federal student loan balance in New York is 2.61% above the national average.
Collectively, New York borrowers have a federal student loan debt balance of $99.9 billion.
15.3% of adults in New York have federal student loan debt.
Over five (5) years, the total federal student loan balance among New York borrowers increased by $8.0 billion (8.71%); the number of borrowers grew by 45,000 (1.87%).
72.7% of New York federal student loan borrowers owe $40,000 or less; their share represents 26.5% of the state’s total outstanding balance.
30.0% of federal student loan borrowers in New York owe $10,000 or less.

Student Loan Debt in North Carolina

Federal student loan borrowers in North Carolina have an average outstanding balance of $40,455.

1.379 million North Carolina residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among North Carolina borrowers increased 6.85%.
The average federal student loan balance in North Carolina is 2.07% above the national average.
Collectively, North Carolina borrowers have a federal student loan debt balance of $55.8 billion.
15.6% of adults in North Carolina have federal student loan debt.
Over five (5) years, the total federal student loan balance among North Carolina borrowers increased by $7.8 billion (16.3%); the number of borrowers grew by 111,500 (8.79%).
70.1% of North Carolina federal student loan borrowers owe $40,000 or less; their share represents 26.8% of the state’s total outstanding balance.
27.5% of federal student loan borrowers in North Carolina owe $10,000 or less.

Student Loan Debt in North Dakota

Federal student loan borrowers in North Dakota have an average outstanding balance of $30,543.

88,400 North Dakota residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among North Dakota borrowers increased 3.72%.
The average federal student loan balance in North Dakota is 22.9% below the national average.
Collectively, North Dakota borrowers have a federal student loan debt balance of $2.7 billion.
14.3% of adults in North Dakota have federal student loan debt.
Over five (5) years, the total federal student loan balance among North Dakota borrowers increased by $200 million (8.00%); the number of borrowers grew by 3,500 (4.12%).
78.2% of North Dakota federal student loan borrowers owe $40,000 or less; their share represents 36.7% of the state’s total outstanding balance.
34.8% of federal student loan borrowers in North Dakota owe $10,000 or less.

Student Loan Debt in Ohio

Federal student loan borrowers in Ohio have an average outstanding balance of $36,311.

1.771 million Ohio residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Ohio borrowers increased 3.97%.
The average federal student loan balance in Ohio is 8.38% below the national average.
Collectively, Ohio borrowers have a federal student loan debt balance of $64.3 billion.
18.9% of adults in Ohio have federal student loan debt.
Over five (5) years, the total federal student loan balance among Ohio borrowers increased by $2.5 billion (4.05%); the number of borrowers grew by 1,200 (0.07%).
72.5% of Ohio federal student loan borrowers owe $40,000 or less; their share represents 29.7% of the state’s total outstanding balance.
30.2% of federal student loan borrowers in Ohio owe $10,000 or less.

Student Loan Debt in Oklahoma

Federal student loan borrowers in Oklahoma have an average outstanding balance of $33,483.

510,700 Oklahoma residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Oklahoma borrowers increased 5.19%.
The average federal student loan balance in Oklahoma is 15.5% below the national average.
Collectively, Oklahoma borrowers have a federal student loan debt balance of $17.1 billion.
16.1% of adults in Oklahoma have federal student loan debt.
Over five (5) years, the total federal student loan balance among Oklahoma borrowers increased by $1.9 billion (12.5%); the number of borrowers grew by 33,200 (6.95%).
75.2% of Oklahoma federal student loan borrowers owe $40,000 or less; their share represents 31.7% of the state’s total outstanding balance.
33.6% of federal student loan borrowers in Oklahoma owe $10,000 or less.

Student Loan Debt in Oregon

Federal student loan borrowers in Oregon have an average outstanding balance of $39,499.

526,600 Oregon residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Oregon borrowers increased 6.03%.
The average federal student loan balance in Oregon is 0.34% below the national average.
Collectively, Oregon borrowers have a federal student loan debt balance of $20.8 billion.
15.2% of adults in Oregon have federal student loan debt.
Over five (5) years, the total federal student loan balance among Oregon borrowers increased by $800 million (4.00%); the number of borrowers declined by 10,300 (1.92%).
71.4% of Oregon federal student loan borrowers owe $40,000 or less; their share represents 26.7% of the state’s total outstanding balance.
30.4% of federal student loan borrowers in Oregon owe $10,000 or less.

Student Loan Debt in Pennsylvania

Federal student loan borrowers in Pennsylvania have an average outstanding balance of $37,542.

1.854 million Pennsylvania residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Pennsylvania borrowers increased 4.85.
The average federal student loan balance in Pennsylvania is 5.28% below the national average.
Collectively, Pennsylvania borrowers have a federal student loan debt balance of $69.6 billion.
17.7% of adults in Pennsylvania have federal student loan debt.
Over five (5) years, the total federal student loan balance among Pennsylvania borrowers increased by $5.7 billion (8.92%); the number of borrowers grew by 69,200 (3.88%).
74.0% of Pennsylvania federal student loan borrowers owe $40,000 or less; their share represents 30.2% of the state’s total outstanding balance.
28.7% of federal student loan borrowers in Pennsylvania owe $10,000 or less.

Student Loan Debt in Puerto Rico

Federal student loan borrowers in Puerto Rico have an average outstanding balance of $34,728.

336,900 Puerto Rico residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Puerto Rico borrowers increased 25.8%.
The average federal student loan balance in Puerto Rico is 12.4% below the national average.
Collectively, Puerto Rico borrowers have a federal student loan debt balance of $11.7 billion.
12.3% of adults in Puerto Rico have federal student loan debt.
Over five (5) years, the total federal student loan balance among Puerto Rico borrowers increased by $2.7 billion (30.0%); the number of borrowers grew by 10,900 (3.34%).
78.3% of Puerto Rico federal student loan borrowers owe $40,000 or less; their share represents 27.6% of the territory’s total outstanding balance.
41.4% of federal student loan borrowers in Puerto Rico owe $10,000 or less.

Student Loan Debt in Rhode Island

Federal student loan borrowers in Rhode Island have an average outstanding balance of $34,068.

149,700 Rhode Island residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Rhode Island borrowers increased 5.76%.
The average federal student loan balance in Rhode Island is 14.0% below the national average.
Collectively, Rhode Island borrowers have a federal student loan debt balance of $5.1 billion.
16.3% of adults in Rhode Island have federal student loan debt.
Over five (5) years, the total federal student loan balance among Rhode Island borrowers increased by $600 million (13.3%); the number of borrowers grew by 10,000 (7.16%).
77.0% of Rhode Island federal student loan borrowers owe $40,000 or less; their share represents 32.8% of the state’s total outstanding balance.
32.3% of federal student loan borrowers in Rhode Island owe $10,000 or less.

Student Loan Debt in South Carolina

Federal student loan borrowers in South Carolina have an average outstanding balance of $40,138.

782,300 South Carolina residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among South Carolina borrowers increased 3.82.
The average federal student loan balance in South Carolina is 1.27% above the national average.
Collectively, South Carolina borrowers have a federal student loan debt balance of $31.4 billion.
17.7% of adults in South Carolina have federal student loan debt.
Over five (5) years, the total federal student loan balance among South Carolina borrowers increased by $3.9 billion (14.2%); the number of borrowers grew by 71,000 (9.98%).
69.8% of South Carolina federal student loan borrowers owe $40,000 or less; their share represents 26.5% of the state’s total outstanding balance.
28.3% of federal student loan borrowers in South Carolina owe $10,000 or less.

Student Loan Debt in South Dakota

Federal student loan borrowers in South Dakota have an average outstanding balance of $31,705.

116,700 South Dakota residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among South Dakota borrowers declined 0.48%.
The average federal student loan balance in South Dakota is 20.0% below the national average.
Collectively, South Dakota borrowers have a federal student loan debt balance of $3.7 billion.
16.3% of adults in South Dakota have federal student loan debt.
Over five (5) years, the total federal student loan balance among South Dakota borrowers increased by $100 million (2.78%); the number of borrowers grew by 3,700 (3.27%).
76.9% of South Dakota federal student loan borrowers owe $40,000 or less; their share represents 34.7% of the state’s total outstanding balance.
32.9% of federal student loan borrowers in South Dakota owe $10,000 or less.

Student Loan Debt in Tennessee

Federal student loan borrowers in Tennessee have an average outstanding balance of $38,664.

894,900 Tennessee residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Tennessee borrowers increased 5.78%.
The average federal student loan balance in Tennessee is 2.45% below the national average.
Collectively, Tennessee borrowers have a federal student loan debt balance of $34.6 billion.
15.6% of adults in Tennessee have federal student loan debt.
Over five (5) years, the total federal student loan balance among Tennessee borrowers increased by $3.8 billion (12.3%); the number of borrowers grew by 52,200 (6.19%).
71.6% of Tennessee federal student loan borrowers owe $40,000 or less; their share represents 27.2% of the state’s total outstanding balance.
30.3% of federal student loan borrowers in Tennessee owe $10,000 or less.

Student Loan Debt in Texas

Federal student loan borrowers in Texas have an average outstanding balance of $35,014.

3.95 million Texas residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Texas borrowers increased 5.71%.
The average federal student loan balance in Texas is 11.7% below the national average.
Collectively, Texas borrowers have a federal student loan debt balance of $138.3 billion.
16.4% of adults in Texas have federal student loan debt.
Over five (5) years, the total federal student loan balance among Texas borrowers increased by $21.5 billion (18.4%); the number of borrowers grew by 423,600 (12.0%).
74.7% of Texas federal student loan borrowers owe $40,000 or less; their share represents 30.3% of the state’s total outstanding balance.
32.8% of federal student loan borrowers in Texas owe $10,000 or less.

Student Loan Debt in Utah

Federal student loan borrowers in Utah have an average outstanding balance of $35,429.

313,300 Utah residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Utah borrowers increased 8.08%.
The average federal student loan balance in Utah is 10.6% below the national average.
Collectively, Utah borrowers have a federal student loan debt balance of $11.1 billion.
12.0% of adults in Utah have federal student loan debt.
Over five (5) years, the total federal student loan balance among Utah borrowers increased by $1.2 billion (12.1%); the number of borrowers grew by 11,300 (3.74%).
75.5% of Utah federal student loan borrowers owe $40,000 or less; their share represents 29.2% of the state’s total outstanding balance.
35.6% of federal student loan borrowers in Utah owe $10,000 or less.

Student Loan Debt in Vermont

Federal student loan borrowers in Vermont have an average outstanding balance of $38,770.

74,800 Vermont residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Vermont borrowers increased 0.94%.
The average federal student loan balance in Vermont is 2.18% below the national average.
Collectively, Vermont borrowers have a federal student loan debt balance of $2.9 billion.
14.0% of adults in Vermont have federal student loan debt.
Over five (5) years, the total federal student loan balance among Vermont borrowers remained stable while the number of borrowers declined by 700 (0.93%).
73.5% of Vermont federal student loan borrowers owe $40,000 or less; their share represents 28.5% of the state’s total outstanding balance.
29.0% of federal student loan borrowers in Vermont owe $10,000 or less.

Student Loan Debt in Virginia

Federal student loan borrowers in Virginia have an average outstanding balance of $41,916.

1.09 million Virginia residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Virginia borrowers increased 6.19%.
The average federal student loan balance in Virginia is 5.76% above the national average.
Collectively, Virginia borrowers have a federal student loan debt balance of $45.5 billion.
15.5% of adults in Virginia have federal student loan debt.
Over five (5) years, the total federal student loan balance among Virginia borrowers increased by $3.6 billion (8.59%); the number of borrowers grew by 24,000 (2.26%).
69.7% of Virginia federal student loan borrowers owe $40,000 or less; their share represents 25.5% of the state’s total outstanding balance.
27.5% of federal student loan borrowers in Virginia owe $10,000 or less.

Student Loan Debt in Washington

Federal student loan borrowers in Washington have an average outstanding balance of $38,139.

776,100 Washington residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Washington borrowers increased 7.37%.
The average federal student loan balance in Washington is 3.77% below the national average.
Collectively, Washington borrowers have a federal student loan debt balance of $29.6 billion.
12.2% of adults in Washington have federal student loan debt.
Over five (5) years, the total federal student loan balance among Washington borrowers increased by $2.0 billion (7.25%); the number of borrowers declined by 900 (0.12%).
73.8% of Washington federal student loan borrowers owe $40,000 or less; their share represents 27.7% of the state’s total outstanding balance.
32.0% of federal student loan borrowers in Washington owe $10,000 or less.

Student Loan Debt in West Virginia

Federal student loan borrowers in West Virginia have an average outstanding balance of $33,728.

228,300 West Virginia residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among West Virginia borrowers increased 4.56%.
The average federal student loan balance in West Virginia is 14.9% below the national average.
Collectively, West Virginia borrowers have a federal student loan debt balance of $7.7 billion.
16.1% of adults in West Virginia have federal student loan debt.
Over five (5) years, the total federal student loan balance among West Virginia borrowers increased by $500 million (6.94%); the number of borrowers grew by 5,100 (2.28%).
74.4% of West Virginia federal student loan borrowers owe $40,000 or less; their share represents 31.4% of the state’s total outstanding balance.
33.0% of federal student loan borrowers in West Virginia owe $10,000 or less.

Student Loan Debt in Wisconsin

Federal student loan borrowers in Wisconsin have an average outstanding balance of $33,846.

709,100 Wisconsin residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Wisconsin borrowers increased 4.88%.
The average federal student loan balance in Wisconsin is 14.6% below the national average.
Collectively, Wisconsin borrowers have a federal student loan debt balance of $24.0 billion.
14.9% of adults in Wisconsin have federal student loan debt.
Over five (5) years, the total federal student loan balance among Wisconsin borrowers increased by $900 million (3.90%); the number of borrowers declined by 6,700 (0.94%).
75.9% of Wisconsin federal student loan borrowers owe $40,000 or less; their share represents 32.9% of the state’s total outstanding balance.
32.4% of federal student loan borrowers in Wisconsin owe $10,000 or less.

Student Loan Debt in Wyoming

Federal student loan borrowers in Wyoming have an average outstanding balance of $32,847.

54,800 Wyoming residents have federal student loan debt.
Between 2021 and 2026, the average federal student loan balance among Wyoming borrowers increased 8.60%.
The average federal student loan balance in Wyoming is 17.1% below the national average.
Collectively, Wyoming borrowers have a federal student loan debt balance of $1.8 billion.
11.9% of adults in Wyoming have federal student loan debt.
Over five (5) years, the total federal student loan balance among Wyoming borrowers increased by $200 million (12.5%); the number of borrowers grew by 1,900 (3.59%).
76.6% of Wyoming federal student loan borrowers owe $40,000 or less; their share represents 32.2% of the state’s total outstanding balance.
36.9% of federal student loan borrowers in Wyoming owe $10,000 or less.

Student Loan Debt in Other Locales

Federal student loan borrowers in additional locations, such as districts, territories, and other U.S. jurisdictions, have an average outstanding balance of $51,813.

96,500 federal student loan borrowers reside in other U.S. locations outside the 50 states, D.C., and Puerto Rico.
Between 2021 and 2026, the average federal student loan balance among borrowers in other locales declined 88.8%.
The average federal student loan balance in other U.S. jurisdictions is 30.7% above the national average.
Collectively, borrowers in other U.S. territories have a federal student loan debt balance of $5.0 billion.
Over five (5) years, the total federal student loan balance among borrowers in these U.S. territories increased by $700 million (16.3%); the number of borrowers grew by 87,220 (940%).
64.2% of federal student loan borrowers in other U.S. jurisdictions owe $40,000 or less; their share represents 19.4% of this group’s total outstanding balance.
25.1% of federal student loan borrowers in other U.S. territories owe $10,000 or less.

Student Loan Debt in Locations Unreported

Federal student loan borrowers who have not reported their location have an average outstanding balance of $26,724.

1.953 million federal student loan borrowers have not reported their location.
Between 2021 and 2026, the average federal student loan balance among borrowers in unreported locations increased 8.49%.
The average federal student loan balance among borrowers in unreported locations is 32.6% below the national average.
Collectively, borrowers from unreported locales have a federal student loan debt balance of $52.2 billion.
Over five (5) years, the total federal student loan balance among borrowers whose addresses are unreported declined by $51.6 billion (49.7%); the number of borrowers declined by 2.26 million (53.6%).
71.2% of federal student loan borrowers in unreported locations owe $40,000 or less; their share represents 19.4% of this group’s total outstanding balance.
46.1% of federal student loan borrowers in unreported locales owe $10,000 or less.