According to a recent report on student debt by ProjectsOnStudentDebt.org, the average amount of debt a college graduate will have is $23,000. That figure is just the average and represents a mix of both public and private college graduates.
 
The report also indicates that the amount of debt varies greatly according to the state in which your alma mater is located. Washington, D.C. tops the list at $29,793, while Colorado is at the very bottom, with $18,321. New York and five of the six New England states rank in the top 10 schools; surprisingly, Massachusetts, which is home to Harvard, Boston College, and host of other top schools (read: expensive), only lands at #16 on the list, with $23,125.

In addition to Colorado, other states at the bottom of the list include Nevada, Louisiana, California, and Georgia. Considering the fact that these states are renowned for their top-notch public university systems that feature lower price tags, it makes a lot of sense that the average debt would be lower.

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