{"id":181482,"date":"2023-08-08T08:28:09","date_gmt":"2023-08-08T18:28:09","guid":{"rendered":"https:\/\/www.hawaii.edu\/news\/?p=181482"},"modified":"2023-08-08T08:28:09","modified_gmt":"2023-08-08T18:28:09","slug":"uh-wallethub-student-debt","status":"publish","type":"post","link":"https:\/\/www.hawaii.edu\/news\/2023\/08\/08\/uh-wallethub-student-debt\/","title":{"rendered":"Hawai\u02bbi ranked 2nd in nation for lowest student debt"},"content":{"rendered":"Reading time: <\/span> < 1<\/span> minute<\/span><\/span>

\"students<\/p>\n

Âé¶¹´«Ã½<\/span> is 50th overall in the nation when it comes to the highest student debt, according to a study of all 50 states and the District Columbia by the personal-finance website WalletHub<\/a>. The study compared 12 key metrics in student debt. Utah edged Âé¶¹´«Ã½<\/span> for 51st place while Pennsylvania followed by Delaware and Mississippi are the states with the highest student debt in the country.<\/p>\n

Âé¶¹´«Ã½<\/span> came in 50th with student debt as percentage of income, 49th in proportion of students with debt and 43rd with average student debt.<\/p>\n

“One of the reasons Âé¶¹´«Ã½<\/span>\u2019s student debt rate is so low is that the 10 campuses of the University of Âé¶¹´«Ã½<\/span> provide superb affordable options for local residents,” said UH<\/abbr> President David Lassner. “Our resident tuition is low, we offer need-based financial aid, and our campuses provide a fantastic range of excellent educational opportunities at every level.”<\/p>\n

The total outstanding U.S.<\/abbr> college-loan balances came in at nearly $1.64 trillion<\/a>, at the end of the first quarter of 2023, according to the U.S.<\/abbr> Department of Education. That\u2019s an average of $37,000 for each of the 42.9 million borrowers.<\/p>\n","protected":false},"excerpt":{"rendered":"

Âé¶¹´«Ã½<\/span> is among the lowest in the country for the amount of debt students carry according to WalletHub.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[678,61,62,63,64,65,71,14,9,60,947,59,66],"class_list":["post-181482","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-academic-news","tag-financial-aid","tag-hawaii-community-college","tag-honolulu-community-college","tag-kapiolani-community-college","tag-kauai-community-college","tag-leeward-community-college","tag-uh-community-colleges","tag-uh-hilo","tag-uh-manoa","tag-maui-college","tag-uh-system","tag-uh-west-oahu","tag-windward-community-college","entry","has-media"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t