Thursday, December 3, 2015

Mapping Student Debt by Zip Code

According to the Washington Center for Equitable Growth, more than 42 million Americans owe a total of $1.1 trillion in student debt, making it the second-largest liability on the national balance sheet. A generation ago, student debt was a relative rarity, but for today’s students and recent graduates, it’s a central fact of economic life that we don’t know much about.

Mapping Student Debt is changing that. The maps on their page show how borrowing for college affects the nation, your city, and even your neighborhood, giving a new perspective on the way in which student debt relates to income. Below is a map showing student debt for various areas in the region, with Herkimer being highlighted. Click on the map to enlarge the image, or go to the website linked at the beginning of this paragraph to check out your own area's student debt profile.