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Florida ranks No. 3 for the most student debt

Tampa Bay tied for the No. 2 highest growth in student debt over the past 10 years.
Published Jan. 4

Florida ranks No. 3 for the highest amount of student loan debt, according to a new analysis by Experian. Floridians had $89.4 billion in student loans for the third quarter of 2018, up 177 percent from the same quarter in 2008.

Tampa Bay didn't fare much better. In a lineup of metro areas with the most student debt, the bay area ranked No. 18 with $1.49 billion in debt for 2018's third quarter. While the low rank might seem rosier, Tampa Bay tied with Atlanta for No. 2 in terms of debt growth since the third quarter of 2008 with a 186 percent increase.

California had the highest overall amount of student debt in 2018 at $132.8 billion, followed by Texas with $103 billion. New York City led the metro areas in student debt at $8.92 billion, followed by Los Angeles ($5.07 billion) and Chicago ($4.85 billion).

Contact Malena Carollo at mcarollo@tampabay.com or (727) 892-2249. Follow @malenacarollo.

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