3 ms·

They were talking about this on 1A last night (NPR). Apparently the average amount of debt, is something like 3 years worth of wages.

• rtrunck 8y ago
  Does that include mortgage debt?
  • kryogen1c 8y ago
    Probably not, since a mortgage is a lien on an asset you can sell for, assumably, about the cost of the loan.