Wednesday, December 8, 2021
Hawai'i Free Press

Current Articles | Archives

Saturday, August 28, 2021
Hawaiʻi graduates among nation's best on student debt
By News Release @ 5:38 PM :: 1016 Views :: Hawaii Statistics, Higher Education, Cost of Living

Hawaiʻi graduates among nation's best on student debt, thanks to UH

From UH News, Aug 26, 2021

WalletHub has once again confirmed that Hawaiʻi college graduates are among the least likely to leave school with debt. And for those who do graduate with debt, they owe among the least in the country.

Among the states and territories, Hawaiʻi enjoys the 2nd lowest percentage of college graduates with any debt and is the 3rd lowest when it comes to student debt as a percentage share of income, according to a report by WalletHub. The personal-finance website released its report 2021’s States with the Most and Least Student Debt on August 25. 

“A big reason we are among the very best when it comes to student debt is the affordability of the 10-campus University of Hawaiʻi public higher education system,” said UH President David Lassner. “Our regents and administration have committed to tough choices as we have frozen and even decreased tuition over these past challenging years. Coupled with our high quality education, UH provides an outstanding return on investment for our students and Hawaiʻi.”  

According to Hawaiʻi P–20, about two-thirds of Hawaiʻi high school graduates attend a University of Hawaiʻi campus.

The total outstanding college-loan balances in the United States was at $1.59 trillion at the end of the second quarter of 2021, according to the U.S. Department of Education. That’s an average of $37,000 for each of the 42.9 million borrowers.

It was not all positive news for Hawaiʻi. The state rose to first in the nation for the highest percentage of student loan balances past due or in default. This was likely due to the devastating impact of the COVID-19 pandemic on Hawaiʻi’s economy, among the hardest hit in the nation, which WalletHub noted has pushed Hawaiʻi to the third highest average unemployment rate for those aged 25 to 34. In addition, Hawaiʻi ranked last in state grants and student work opportunities.

VIDEO — https://bit.ly/3zloGZb

WalletHub: 2021's States with the Most and Least Student Debt

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

808 Silent Majority

ACA Signups Hawaii

Alliance Defending Freedom

Aloha Pregnancy Care Center

American Council of Trustees and Alumni

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Astronomy Hawaii

Back da Blue Hawaii

Ballotpedia Hawaii

Better Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

ChinaTownWatch.com

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii Coalition Against Legalized Gambling

Hawaii ConCon Info

Hawaii Credit Union Watch

Hawaii Crop Improvement Association

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Advocates

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federalist Society

Hawaii Federation of Republican Women

Hawaii Future Project

Hawaii Gathering of Eagles

Hawaii History Blog

Hawaii Homeschool Association

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Life Alliance

Hawaii March for Life

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Smokers Alliance

Hawaii State Data Lab

Hawaii Together

HIEC.Coop

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

Investigative Project on Terrorism

July 4 in Hawaii

Kakaako Cares

Keep Hawaii's Heroes

Land and Power in Hawaii

Legislative Committee Analysis Tool

Lessons in Firearm Education

Lingle Years

Malulani Foundation

Managed Care Matters -- Hawaii

Malama Pregnancy Center of Maui

Mauna Kea Recreational Users Group

MentalIllnessPolicy.org

Military Home Educators' Network Oahu

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Christian Foundation Hawaii

National Parents Org Hawaii

NFIB Hawaii News

No GMO Means No Aloha

Not Dead Yet, Hawaii

NRA-ILA Hawaii

Oahu Alternative Transport

Obookiah

OHA Lies

Opt Out Today

OurFutureHawaii.com

Patients Rights Council Hawaii

PEACE Hawaii

People vs Machine

Pritchett Cartoons

Pro-GMO Hawaii

P.U.E.O.

RailRipoff.com

Rental by Owner Awareness Assn

ReRoute the Rail

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

Robotics Organizing Committee

Save Dillingham Airfield

School Choice in Hawaii

SenatorFong.com

Sink the Jones Act

Statehood for Guam

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

UCC Truths

US Tax Foundation Hawaii Info

VAREP Honolulu

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii

Yes2TMT