Personal finance website WalletHub today released a report on 2024's States with the Most and Least Student Debt in 2024 and South Carolina was ranked has having the 5th most in the country.
WalletHub compared the 50 states and the District of Columbia across 12 key metrics. The data set ranges from the average student loan balance to the unemployment rate among 25- to 34-year-olds to the share of students with past-due loan balances.
Student Debt in South Carolina (1=Most; 25=Avg.):
- Overall Rank: 5th
- 11th – Avg. Student Debt
- 12th – Proportion of Students with Debt
- 4th – Student Debt as % of Income (Adjusted for Cost of Living)
- 14th – % of Student Loans Past Due or in Default
- 20th – Availability of Student Jobs
- 17th – Availability of Paid Internships
- 28th – Grant Growth
Click here to see the full report.