Wednesday, January 29, 2014

US Debt

Debt owed by Individuals, what kind of debt is it?

Current as of April 2013
U.S. household consumer debt profile:

In total, American consumers owe:

  • $11.28 trillion in debt
    • A decrease of 1.4% from last year
  • $848. billion in credit card debt
  • $7.93 trillion in mortgages
  • $1,007.6 billion in student loans (More on National Student Debt)
    • An increase of 11.9% from last year

Student Loan Debt in MN

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