Special Report

Cities Where College Students Are Most Burdened By Debt


To determine the cities that are most and least burdened by student debt, 24/7 Wall St. reviewed WalletHub’s 2022’s Cities with the Most & Least Student Debt, which found how leveraged residents are, when it comes to student debt, in 2,510 U.S. cities. For each city, WalletHub divided the median student-loan balance (based on TransUnion data from September 2021) by the median earnings of adults aged 25 and older with a bachelor’s degree.

We ranked the 25 most leveraged and the 25 least leveraged cities by this measure, adding the percentage of residents 25 and older with a bachelor’s degree or over for each city from the U.S. Census Bureau 2020 American Community Survey. Figures are five-year estimates for 2020. Only the city proper was included.

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