A new report from Generation Progress and the Center for American Progress finds remedial education can cost students approximately $1.3 billion annually.

The report details that students enrolled in these courses typically don't receive college credit and are less likely to graduate. In 30 states, the remediation rate for English, math or both is between 40 percent and 60 percent for first-year college students.

Other highlights from the report break down the cost and rate of remediation in each state. For example, Florida has the highest remediation rate in the country, at 93 percent for first-time students enrolled in courses in 2013. Nevada and Arizona have similar significant immigrant populations, but there is a wide variation in the percentage of students taking remedial courses -- 85 percent and 40 percent, respectively, according to the report.

"For many student loan borrowers, their struggle with student debt begins even before they enroll in college," said Maggie Thompson, executive director of Generation Progress, in a news release. "The United States' current K-12 system isn't preparing all students for success, especially low-income students and students of color."

The report recommends states maintain a commitment to rigorous academic standards at the K-12 level by retaining or adopting the Common Core State Standards and for K-12 and higher education institutions to mutually define remediation and placement.