Absolutely. The end of the first paragraph: "Without home loans, the average balance was $12,875" This is still debt, but is vastly different. I have a revolvi

Absolutely. The end of the first paragraph: "Without home loans, the average balance was $12,875" This is still debt, but is vastly different. I have a revolving balance of a couple thousand a month on my credit cards, which is probably also included here. It's also clearly not counting any assets, so this is the equivalent of your final bills - The amount taken from your estate when you die. It's probably a real chunk from most estates, and probably includes the reposession of cars and major property, but it's not like every family heirloom is going to be taken if you can't pay up $50+k after your grandma's funeral.