SIOUX FALLS, S.D. (KELO.com) –Student loan debt has been rising for years.
Prior to forbearance programs brought on by the response to COVID-19, a new report by Smartest Dollar says that the average student loan balance in South Dakota was $27,600 per borrower
Even though borrowers in South Dakota carry such a high debt burden, among all U.S. states, they actually have the second-lowest average student loan debt per borrower.
Researchers ranked states based on the average student loan debt per borrower.
