City View
St. Louis
Missouri
The impact of student loan debt on professionals in St. Louis City and County.
State of the Average Borrower
$23,971
Student loan balance
$126,867
Income
58%
Student loan as share of debt
58%
More likely to rent vs. own a home
78 pts
Credit score gap compared to those without active loans
Personas
St. Louis City & County
Gen Z
STUDENT LOAN DEBT: $7,655
INCOME: $84,538
CREDIT SCORE: 677
TOTAL DEBT: $14,8166
173% more likely to rent than own (176% more likely with active student loan debt)
Millenials
STUDENT LOAN DEBT: $9,687
INCOME: $116,375
CREDIT SCORE: 707
TOTAL DEBT: $89,839
6% more likely to rent than own (37% more likely with active student loan debt)
Gen X
STUDENT LOAN DEBT: $10,790
INCOME: $127,825
CREDIT SCORE: 718
TOTAL DEBT: $118,633
56% more likely to own than rent (36% more likely with active student loan debt)
The Data
St. Louis Report Methodology: Using the Equifax Ignite® platform we studied the credit behavior and demographics of 1,078,795 consumers in St. Louis City and St. Louis County. This represents a nearly comprehensive group of adult consumers with credit histories as of February 2024.
