Student Loans in Utah

Average debt, state-specific forgiveness programs, and repayment strategies for Utah borrowers in 2026.

Average Debt

$20,000

Monthly Payment (Std)

$227

State Tax Deduction

Yes

vs. National Avg

$12,000

Student Loan Overview for Utah

Utah borrowers carry an average student loan debt of $20,000, which is below the national average of approximately $32,000. Under the Standard 10-year repayment plan at the current federal interest rate of 6.53%, Utah graduates would pay $227 per month and a total of $7,240 in interest over the life of the loan.

For borrowers seeking lower monthly payments, income-driven repayment plans like SAVE (formerly REPAYE) cap payments at 5-10% of discretionary income. Utah residents working in public service should explore PSLF for potential forgiveness after 10 years of qualifying payments.

Utah Student Loan Forgiveness Programs

Utah has the lowest average student debt in the nation. The state offers the State Loan Repayment Program for healthcare providers.

In addition to state programs, Utah borrowers have access to all federal forgiveness programs including PSLF, Teacher Loan Forgiveness ($17,500 for STEM and special education teachers), and income-driven repayment forgiveness after 20-25 years.

State Tax Deduction for Student Loan Interest

Utah conforms to the federal student loan interest deduction. Borrowers can deduct up to $2,500 in student loan interest paid during the tax year on both their federal and Utah state income tax returns. This deduction phases out for single filers earning $75,000-$90,000.

Top Utah Colleges & Average Debt

Institution	Avg. Graduate Debt
University of Utah	$20,000
Brigham Young University	$16,000

* Debt figures are approximate averages for graduating students who borrowed.

Frequently Asked Questions

What is the average student loan debt in Utah?

The average student loan borrower in Utah graduates with approximately $20,000 in student loan debt. This is below the national average of $32,000.

Does Utah offer student loan forgiveness?

Utah has the lowest average student debt in the nation. The state offers the State Loan Repayment Program for healthcare providers.

Can I deduct student loan interest on Utah state taxes?

Yes, Utah conforms to the federal student loan interest deduction. You can deduct up to $2,500 in student loan interest paid on your Utah state income tax return, subject to income limits.

What are the best colleges in Utah for low student debt?

Among Utah institutions, University of Utah has an average graduate debt of $20,000. In-state tuition at public universities is significantly lower than out-of-state rates.

What repayment plan should I use for student loans in Utah?

Your best plan depends on your income and career. Utah residents earning under $50,000 should consider the SAVE plan for the lowest payments. Those in public service should pursue PSLF. Higher earners may benefit from the Standard plan or refinancing.

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