The Houston Independent School District became the second largest in the nation last year with the highest number of students per resident, but it also made the nation’s highest number per capita of student loan debt, according to a report by the nonprofit Citizens Bankruptcy Clinic.
The district has borrowed $20.6 billion to cover expenses, according the report.
The largest student loan borrower in the state, Texas A&M University, was $8.8 billion in debt.
It’s one of several Texas schools that have been hit by the wave of student debt.
The Harris County District Attorney’s Office filed criminal charges against the two school districts in December for failing to file tax returns for the past two years.
In July, Texas Education Agency officials said the district owed nearly $3 billion to the state’s Education Bond Fund.