Nearly 12% of student loans are at least 90 days delinquent, according to new federal data. But borrowers in some states are having more trouble paying their loans than their peers elsewhere.
West Virginia has the highest share of delinquent loan balances, at 17.8%, while South Dakota has the lowest, at 6.6%, according to the latest quarterly data from the New York Federal Reserve Bank.
Outstanding student loan balances increased by $20 billion during the first quarter of 2013, to a total of $986 billion as of March 31. Some 16.2% of Americans have student loans and carry an average balance of $24,810.
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