13 States Where Students Are Drowning in Student Loan Debt

Sen. Elizabeth Warren has called on Congress to lower the interest rate on education debt

student loanThere are 13 states where student loan delinquency rates are higher than 13 percent,  the Huffington Post reports.

Overall, the number of students who are at least 90 days late on student loan payments has increased to 11.7 percent, up from 8.5 percent in 2011, according to a recent study by the Federal Reserve Bank of New York. If you include people who have deferred payments,  delinquency rates may actually be as high as 30 percent.

U.S. students face a total of $986 billion combined debt.

See the list of states where students are drowning in debt here.

 

 

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