Utah continues to have the lowest student loan debt in the nation
Except for mortgages, student loans make up the largest component of household debt for Americans. And the amount of student loans in the nation continue to grow. At the end of the first quarter of 2018, total outstanding college-loan balances were $1.41 trillion, according to the Federal Reserve Bank of New York. The good news […]
Utah’s average student loan debt is the lowest in the nation
The Project on Student Debt released its annual report on student loan debt for the class of 2015 and it’s still good news for Utah: Utah has the lowest average student debt in the country, at $18,873. Only 41% of Utah college students take out student loans, the lowest in the country. The average amount […]
Student default rates in Utah
In Utah, only half of Utah college students graduate with student loan debt compared to seven in ten nationally, and the debt they do graduate with is much lower than the national average. Student debt Utah has the lowest average student debt in the country at $18,921, which is significantly less than the national average […]