Table displaying a list of the states with the lowest and highest shares of student loans, measured for 2022. California ranks as the state with the second lowest share of residents with student loans, coming in at 11 percent. The median student loan debt for CA is $16,500, and 8 percent of those with student loan debt have debt in collections. 65% of the state's population does not have a bachelor's degree. For comparison, Washington, DC is the state with the highest share with student loans, at 20%. The median student loan debt in DC is $29,134, though the share of people with debt in collections is the same as in CA (8%). 40% of DC's residents have a bachelor's degree.