According to the latest data, the average Michigan graduate owes $30,852 in student loans.

That includes both federal loans and private loans.  Federal loans are capped at $31,000 total for undergraduate dependent students.

The average student debt at graduation in 2016 ranged from about $20,000 in Utah to about $36,000 in New Hampshire.

According to the Detroit Free Press, college is one of the biggest investments Americans make, yet many are making choices without basic information.

More From 99.1 WFMK