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Report: Average Student Loan Debt High In MI

By Mary Ellen Murphy Oct 1, 2026 | 7:13 AM

(Grand Rapids, MI) – Michiganders have some of the most federal student loan debt in the country. According to the latest data from the Department of Education, the average resident has more than 38-thousand-dollars in federal student loan debt. That’s the 20th highest in the country.

Across the state, federal student loan debt has surpassed 53-billion-dollars.

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