A new report shows that graduates of NH colleges receive not only a degree, but also the highest level of education-related debt in the country. Graduates from NH state and private schools have an average of $22,793 in student loans. Compare this with Utah, which came in at the bottom (top?) of the list with an average of $11,709.
But don’t feel too bad, Rhode Island was fourth on the list ($20,798), Maine 7th ($20,239), Vermont 11th ($19,482), and Connecticut 12th ($19,440). You’ll notice Massachusetts isn’t in that list: Our neighbor to the south came in at 21st with an average debt of $18,169.
Time to start those college savings accounts!