Student loan debt grew faster in SC than all other states, report says
Student loan debt has quadrupled in South Carolina, growing at a faster rate than any state in the last 10 years, according to a new report from Experian.
From 2008 to 2018, student loan debt in South Carolina increased from $5.6 billion to 23.1 billion, the report said. No other state grew by that much. North Carolina’s student loan debt grew the second-fastest in the last decade, with debt going from $11.9 billion to $41.9 billion, according to the report.
Experian is one of the country’s largest credit reporting companies. The report attributes that data to Experian, but does not describe the report’s methods.
