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Derek Thompson

Derek Thompson - Derek Thompson is a senior editor at The Atlantic, where he oversees business coverage for the website.
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He is a visiting research fellow at the Committee for a Responsible Federal Budget at the New America Foundation. Derek has also written for Slate, BusinessWeek, and the Daily Beast. He has appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC.

This Is What the Student Debt Crisis Looks Like

By Derek Thompson
Aug 26 2010, 9:16 AM ET Comment

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Consumers owe more on student debt than on credit cards, according to June 2010 figures from the Federal Reserve. It's no wonder. As Niraj Chokshi reported, education costs are rising at a phenomenal clip, even faster than medical care.

The always illuminating Mint.com maps out student debt by state. Utah graduates have it relatively easy with only 41 percent of student graduating with debt, and the nation's lowest average student debt, at $13,000. In Washington, D.C., average student debt is more than twice as high, at $29,000.





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