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Seven in 10 college seniors who graduated in 2012 took on student loans along the way, to the tune of $29,400 on average, according to a recent study from The Institute for College Access and Success (TICAS) But debt levels aren’t uniform across the country. Read on for the 10 states with the lowest average student debt levels, according to TICAS. Can you guess which state had the lowest?
Average debt: $20,299
Students with debt: 54 percent
Arizona’s debt levels were relatively low nationally despite rapidly increasing tuition. Part of the reason: Most of the state’s residents attend public schools, which tend to have lower debt levels than more expensive private schools.
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