The average Canadian senior's shaky financial status is another key factor: many have
high levels of debt without the savings or pensions they need to maintain adequate lifestyles.
Not exact matches
Credit is growing more slowly than it has in the past but not because the financial system has become more efficient but simply because
debt levels have become too
high, causing regulators to force down the growth in credit
without seriously improving the efficiency
of the financial sector.
«GCC countries have low
debt levels and
high levels of reserves, which gives them the ability to adjust domestic demand slowly
without impeding overall stability.»
Nearly 7 million Americans have gone at least a year
without making a payment on their federal student loans, a
high level of default that suggests a widening swath
of households are unable or unwilling to pay back their school
debt.
And we've got to fundamentally reform the federal student - loan program so that African Americans and indeed all Americans can graduate from college
without being burdened by unreasonably
high levels of debt.
They carry average amounts
of credit card
debt and student loan
debt and above - average
levels of mortgage
debt, but they have among the
highest incomes in the country, enabling them to repay their
debts without declaring bankruptcy or losing their homes to foreclosure.