When college students in South Dakota graduate, they leave with their diploma and lots of debt. According to a new study by Nerd Scholar, South Dakota ranks as one of the ten worst states for student debt.
76 percent of students in the state graduate with an average debt of more than $24,000. Financial Aid Director at the School of Mines, David Martin, says at the school the average debt is a little under $24,000. He says it's very easy for students to get federal loans and that can lead to more problems.
"So our message always to a student is try to borrow just as only as much as you really need to help finance your education," said Martin.
Hawaii is the state with the least amount of student debt, with 38 percent of students owing an average of about $17,000.