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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: $20,568
Students with debt: 41 percent
Of all 10 states on this list, Nevada had the lowest percentage of students who incurred student loan debt – 41 percent, well below the national average of 71 percent. Plus, 91 percent of its graduated seniors were included in the usable data for the survey, making it unlikely the reported results are skewed.
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