GOBankingRates analyzed each U.S. state to find the average federal student loan debt per person. ... Total federal student loan balance (in billions): $30.00 . Total number of borrowers: 774,900.

Yet, the average total debt remains close to the maximum amount a student can borrow if relying solely on federal loans, which is $31,000 in subsidized and unsubsidized direct loans, as set by the ...