USA Today: Minnesota student debt is “out of control”
I've already covered Minnesota's status as a high-debt state for students, but just FYI USA Today has it in its list of eight states where student debt is out of control.
Here's what the paper has to say about us:
3. Minnesota
The bronze medal goes to Minnesota, the home of the Golden Gophers. The average graduate who isn't debt-free owes $29,793 to the bank. If you're looking for an option other than Walden or Capella universities in the state, you can try Carleton College; either way, it seems like there's no way to avoid tacking on extra debt if you're bound for the North Star State out of high school.
The most indebted state is New Hampshire, whose average student debt of $32,440 makes it the only state to break the $30,000 mark -- for now, at least. (And #2 Pennsylvania is virtually at that threshold.)
As I mentioned last year, the list is dominated by the Northeast and Midwest.
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