Hawaii has been ranked as the state with the second-lowest state in the country.

WalletHub ranked it second-lowest, only Utah had less debt according to their study.

At the end of the first quarter of 2018, total outstanding college loan balances disclosed on credit reports stood at $1.49 trillion, according to the Federal Reserve Bank of New York.

For more details on the study, how other states ranked, and its methodology click here.