Will certain states help your kid avoid the evils of student loan debt?


The Project on Student Debt recently released its Student Debt and the Class of 2008 study and the results are sobering, to say the least.

The average graduate of a four-year college with loans is now leaving with $23,200 in debt, up from $18,650 in 2004.

The state by state numbers are also interesting: the District of Columbia clocked in with the highest average debt load: $29,793. Iowa, Connecticut, New York, and New Hampshire followed.