Average Student Debt Loan In Louisiana Is Nearly $34K

Student Loan Debt

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President Biden's extension of a pause in student loan repayments through May 1 is good news to a lot of Louisiana residents.

Data from Student Loan Hero indicate that the average balance for federal and private student loans in the state is nearly $34,000.

That's lower than the national average of almost $37,000, but it's enough to make Louisiana 18th in the country for the most student loan debt.

In Baton Rouge, the average tops $40,000, higher than both the state and national averages.

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