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KNOXVILLE, Tenn. – Due to the fact graduate season comes to a near, new graduates would be settling in their the fresh life. That include getting ready for a different job, transferring to another city or simply bringing a rest.
Student loan experts told you which is mostly as a result of the Volunteer State’s financial obligation to income ratio, the sixteenth higher regarding the U.S.
“Exactly what one to count shows us is that the average citizen contained in this the state of Tennessee has no sufficient dollars in order to account for their quantity of personal debt,” told you Andrew Pentis, an official education loan specialist to have Education loan Champion. “It can be personal credit card debt, unsecured loan loans or even car loan debt.”