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The New Economy

Want lower student loans? Study in Utah or Hawaii, study finds

College graduates of Utah and Hawaii schools have roughly half the student loan burden of Iowa colleges, according to a new report.

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John Lok/Seattle Times/MCT

Tyson Hunter, 23, pictured in Sept. 2008, owes $152,000 in student loans, accumulated in four years at Boston University. He graduated in 2007 with a bachelor's degree in business administration, and now earns $40,000 a year. All states are not equal when it comes to student loan burdens, according to a new study, with states such as Utah and Hawaii leaving students with the lowest levels of debt while students heading to Washington, D.C. and Iowa piled up the nation's largest average debts.