DC Has America's Highest Concentration of Student Loans
The latest Fed report on student loan debt includes some neat-o maps showing how all of America's student debt is distributed geographically. Washington DC sure is smart, and broke!
These charts and maps demonstrate a few things: student debt, as a portion of our total national debt, is increasing; student loans are now more likely to be delinquent than any other type of loan; and Washington, DC is educated as a motherfucker. DC has a higher percentage of consumers with student debt than any other state (25.9%), and the highest average student debt per borrower ($41,230). Of course, they also have a relatively low delinquency rate on those loans, proving that education pays off, as long as you use that education to help warp our nation's democracy in order to serve monied special interests.
