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D.C. leads nation in student loan debt

Wednesday - 6/19/2013, 10:39am  ET

Residents of the District are carrying the highest student loan obligations in the nation.

The average student loan debt in D.C. is $45,731, considerably higher than the national average of $29,092, according to credit monitoring company Credit Karma Inc., which ranked the 50 states and D.C.

Maryland has the second-highest loan obligation, with an average student loan burden of $33,660.

In the Washington metro area, the average student loan debt is $36,829, also among the highest in the nation when compared with other cities.

The District also ranks high in mortgage debt. It has an average mortgage debt of $303,153, second only to Hawaii's $308,895.

D.C. residents seem to be handling all that debt well, however.

The average consumer credit score in D.C. is 674, the highest in the nation when compared with all 50 states, Credit Karma said.

© 2013 American City Business Journals, Inc.