Wyoming Among States with Least Amount of Student Debt
Just the words “student loans” are enough to keep you up at night, but not so much in the state of Wyoming.
I’m extremely fortunate to have had parents who helped me pay for college. Don’t get me wrong, they didn’t give me a full ride, but they helped with a lot of the burden. I did take out some student loans on my own and I am still paying those off. Despite missing some money in my paycheck, it’s good to know that my debt could have been worse in states like Ohio, Mississippi or Pennsylvania.
According to WalletHub, these states have the highest amount of student debt.
They ranked all of the states against one another on their list of Best and Worst States for Student Debt. The higher your state landed on the list, the more debt you’re likely paying off. The lower you are on the list, the better your bank account is looking right about now.
This is good news for the Cowboy state.
Wyoming is third state with the least student debt. We came in at number 49 on the list of 51 (including Washington D.C.). This measurement goes beyond just the size of the cloud of debt we live under. It also includes the rate of unemployment of adults ages 25 to 34, which can make paying off debt nearly impossible, and even the balance of loans that are past due.
To sum it all up, staying in Wyoming to get your degree and building a career in the Cowboy state after college is the way to go!