Californians exhibit relatively good financial responsibility, particularly in paying student loans, with only 18% delinquency compared to the national 23%. Although this figure reflects a significant financial challenge, it positions California 10th lowest for this metric nationally. The review encompassed data from 2003 to early 2025, recording that student loans represent 5% of all state debts. Even with an increase in overdue bills since 2024, California's delinquency rate remains lower than the historical average, showcasing resilience in managing debt obligations, particularly in the context of stress induced by recent economic challenges.
Despite the financial stress, Californians maintain a relatively low percentage of late student loans compared to other states, with only 18% delinquency.
California, although facing monetary pressures, exhibits better bill-paying behavior than most states, evidenced by a 10th lowest student loan delinquency rate of 18%.
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