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How does Michigan's debt load compare to other states?

How does Michigan's debt load compare to other states?

For calendar year 2022, the most recent year for which comparative data is available, Michigan's outstanding debt per capita was $865. This was well below the national average of $1,808 and ranked Michigan 21st best among states. Below is additional information showing how Michigan's debt compared to other states as of calendar year 2022. 

FY23 State Debt