Maine among highest student loan debt states


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PORTLAND, Maine (AP) — Maine continues to have one of the highest undergraduate student loan burdens in the country.

The Portland Press Herald (http://bit.ly/1uq3X0W ) reports graduating seniors from Maine's public and private nonprofit colleges in 2013 averaged $29,900 in debt. The national average was $28,400. The Project on Student Debt says Maine's figure is seventh in the nation. Maine also ranked seventh in 2012.

The average student loan debt varies from less than $2,500 to more than $71,000. High-debt states tend to be located in the Northeast and Midwest while lower-debt states are mostly in the western and southern part of the country.

University of Maine graduates had an average student loan debt of $34,389.

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