KEY TAKEAWAYS
Utah ranks 50th in student debt burden, with the lowest average debt nationwide.
The WalletHub study shows Utah students have the lowest proportion of debt holders.
Accelerated three-year degree programs aim to reduce education costs and student debt.
SALT LAKE CITY — Outside of mortgage and auto loans, student debt is the largest component of household debt in the country.
More than 40 million Americans have federal student loan debt — and approximately 40% of adults who pursued a postsecondary education are in student loan debt, according to BestColleges.com .
But not all states are equal when it comes to student loan burden — and Utah is near the bottom of the list of states with the most student debt, according to a WalletHub study.
Compared to the 49 other stat