According to the Federal Reserve Bank of New York, for the last quarter of 2023 average student debt per capita in the United States was $5635. The District of Columbia far surpassed all the other states with an average student debt per capita of $12,900!  The next highest student debt per capita averages were found in Maryland and Georgia at over $7,000. The states with the lowest student debt per capita were Wyoming, Hawaii, and New Mexico.  Should taxpayers in those states subsidize people in states with higher student debt per capita?

The data shown here is the average outstanding student debt per capita in the states for the fourth quarter of the year given.  According to the Federal Reserve Bank of New York, the data is collected as follows: "The FRBNY Consumer Credit Panel consists of detailed Equifax credit-report data for a unique longitudinal quarterly panel of individuals and households from 1999 to 2012. The panel is a nationally representative 5% random sample of all individuals with a social security number and a credit report (usually aged 19 and over). We also sampled all other individuals living at the same address as the primary sample members, allowing us to track household-level credit and debt for a random sample of US households."