Location data was cross referenced between Onboard Informatics and Experian's Premier Aggregated Credit StatisticsSM to formulate a list of ZIPTM1 codes accompanied by city names, state names, updated population figures as reported by Onboard Informatics, and
average student loan balances as reported by Experian.
Not exact matches
It has been estimated that
as many
as 40 million Americans have
student loan debt with an
average balance of $ 29,000 [Source].
As you can see from data from the Federal Reserve Bank of New York the number of delinquent
student loans and
average balance of debt continues to rise for those above 60.
SoFi's
average savings methodology for
student loan refinancing excludes refinancings in which 1) members elect SoFi
loans with longer maturity than their existing
student loans,
as these borrowers typically forfeit lifetime savings for lower monthly payments; 2) the term length of the member's original
student loan (s) is greater is than 30 years; and 3) the member did not provide correct or complete information regarding his or her outstanding
balance,
loan type, APR, or current monthly payment.
Eight of the following 10 states have higher - than -
average student loan balances that exceed $ 30,000
as well
as costs of living that exceed the national
average.
We started off by examining the
average student loan debt upon graduation
as well
as the survey respondents»
average current
loan balance.