Just take the $ 1.3 trillion in debt and divide it by
the average individual debt tally of around $ 30,000.
Not exact matches
In 2010, the
average debt among
individuals close to retirement was more than $ 120,000, according to the Social Security Administration.
Individuals who identified as white (with no Hispanic origin) carried an
average of $ 7,942 in
debt — the highest amount of any racial group.
In celebration of credit cards, LendEDU has put together a comprehensive report detailing the
average credit
debt in
individual U.S. cities and states.
As of 2010, the amount of federal and private student loan
debt in the U.S. reached $ 830 billion, with the
average education
debt per
individual weighing in at $ 34,430.
To the bank, an
individual carrying an above -
average amount of
debt is more likely than other consumers to default on at least one of their credit accounts.
Between 2004 and 2012, the
average amount an
individual had in student loan
debt increased by 70 percent; the
average for a college graduate is now nearly $ 30,000.
On
average, those ages 25 to 39 with at least a bachelor's degree and outstanding student
debt have higher family incomes — the
individual's income plus that of his or her spouse or partner — than those in this age range lacking a bachelor's degree (regardless of loan status).
Individual issues in the Fund typically sell at reasonable valuation levels and are supported by above -
average corporate profitability, accelerating earnings growth and low
debt / equity ratios.
Our experienced staff has an
average of over 11 years tenure with our agency and has counseled over 2 million people and assisted over 225,000
individuals and families with
debt repayment plans.
In a consumer proposal your payments will
average around 30 % of your total
debts, although that number can be higher or lower, based on your
individual circumstances.
About 63 percent of the state's 2010 graduates had student loans, and these
individuals graduated with an
average debt of $ 25,541.
For example, in our recently published Joe Debtor study we found that the
average insolvent
individual is carrying upwards of $ 56,000 in unsecured
debt.