Hawaii Ranks #1 for Student Loan Deadbeats
Student debt is a huge problem in America. Save for mortgages, student loans make up the largest component of household debt for Americans. Our collective debt keeps growing, too. At the end of the first quarter of 2022, total outstanding college-loan balances stood at nearly $1.61 trillion, according to the Department of Education. That comes out to an average of $37,000 for each of the 43.4 million borrowers.
