Data Visualization of Student Loan Deductions by Region, StatePublished 3rd Dec 2014
Data visualization is on the rise as graphics make it easier to digest the meaning behind data. Earlier today, we announced a new partnership with PolicyMap, an online data and mapping tool, which will leverage our market intelligence platform.
Instead of simply telling you about the partnership, we wanted to illustrate how Powerlytics’ data complements PolicyMap’s already extensive dataset. So, we looked at and created a visualization of one data set that is relevant for millions of millennials and other Americans- student loans.
With student loan debt weighing heavy on millions of millennials and other Americans, the findings illustrate interesting delineations across counties and states across the nation. Below we’ve included a screenshot of PolicyMap’s trademark map that visualizes U.S. characteristics of student loan interest deductions.
An interactive version of this map, available here, can be broken down by year, state, county, or zip code and further analyzed by percent of returns with a student loan deduction, average dollar amount of deduction, number of returns with a deduction, and total dollar amount of return deductions.