Student loans provide many Ohioans with access to higher education to pursue their dreams of a successful and rewarding career—access they might not otherwise have. Unfortunately, our students often leave college with more debt than they can handle. Today, outstanding student debt in our country is approximately $1.41 trillion.1 In Ohio, 62 percent percent of students graduate with an average debt of $30,629.2
Attorney General Yost believes it is important to provide Ohioans with information and tools they can use to make wise borrowing decisions and be prepared for student loan repayment.
1 See Federal Reserve Bank of New York, Quarterly Report on Household Debt and Credit, page 2 August 2018 (PDF).
2 See The Institute for College Access & Success, Student Debt and the Class of 2017, page 12 (PDF).
*The information provided herein is not a substitute for financial or legal advice.