Map Shows States Where Debt is Growing Fastest
Summary
Debt levels in the U.S. increased across nearly all states in 2025, with Maryland recording the highest growth. This increase in debt is largely attributed to economic challenges and the end of pandemic-related financial assistance programs.Key Facts
- In 49 states, average total debt grew in 2025, with only Missouri seeing a slight decrease.
- Maryland experienced the largest debt increase at 10.3%, driven by mortgage and personal loan debts.
- Mississippi saw a 13.1% rise in mortgage debt, while Washington had a 9% increase in credit card debt.
- Wyoming had the largest increase in student loan debt, rising by 9.5%.
- Economic challenges, high-interest rates, and a tough job market are contributing to rising debt levels.
- The end of COVID-era financial protections has led to a significant rise in student loan delinquencies.
- A TransUnion report expects credit card balances to continue growing in 2026 but at a slower rate.
- Cuts to healthcare programs are likely to increase medical debt in the near future.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.