It’s the time of year Columbia’s population drops, as it’s Graduation time. Tigers are being unleashed on the world to pursue what they will do with the rest of their lives. Scary thought. Even scarier, all that student debt. Apparently, some states are better than others to live in to pay that debt off faster. Unfortunately, Missouri is not one. It’s time to head West.
A site called Student Loan Hero has done some research and found debt can actually be more affordable depending on where you live. While that seems ridiculous, it takes into account cost of living, combined with average incomes, which leaves you with more leftover cash to pay things like debt. (Sorry, that felt like a minor economics lesson.)
So which states are the best?
- New Mexico
Let the westward job search begin!
They didn’t reveal the full rankings, so I’m not sure where Missouri falls. Guessing Illinois probably didn’t sit well.