Transcript

Debt in America. How Many Americans are in Debt?

DEBT IN

AMERICA



How many Americans are in debt?



FEDERAL DEFICIT

314,424,211 people

100% of the USA

($16,019,913,550,450)



CREDIT CARDS

213,808,463 people

68% of the USA

($864,200,000,000)



MORTGAGE DEBT

178,880,000 poeple

57% of the USA

($10,012,800,000,000)



STUDENT LOANS

37,000,574 people

12% of the USA

($902,000,000,000)



How much does each of us owe?



FEDERAL DEFICIT

$50,950 per citizen

18ft. 3 in.



MORTGAGE DEBT

$55,975 per homeowner

20ft.



CREDIT CARDS

$4,042 per cardholder

1 ft. 5 in.



6 foot tall person



STUDENT LOANS

$24,378 per borrower

8 ft. 9 in.



* Amounts represented

as stacks of $1 bills.



What could that much money buy?



FEDERAL DEBT

$134,947 per household - the price of an

1800 SQ. FT. HOUSE



CREDIT CARDS

$4,042 per cardholder - the price of an

ALL-EXPENSE PAID TRIP TO HAWAII



MORTGAGE LOANS

$55,975 per borrower - the price of a

TRITON X2 FISHING BOAT



STUDENT LOANS

$24,378 per borrower - the price of a

2012 TOYOTA CAMRY



What is the average pay off rate?

(The amount grows faster

than it is being paid off)



FEDERAL DEFICIT UNKNOWN



CREDIT CARDS 6-12 MONTHS



HOME LOANS 15-30 YEARS



STUDENT LOANS 10-20 YEARS



DID YOU KNOW?



Alaska's average credit card debt i $7937 per person - the highest

in the nation



New Hampshire is home to the highest average student loan debt,

at $31,048 per student.



Utah has the lowest average student loan debt at $15,509 per

student.



2011 college student had an average of $23,000 in student loan

debt when they graduated



The median monthly payment on a mortgage loan in America is

$1,015.

Debt in America. How Many Americans are in Debt?

shared by andriyz on Mar 12, 2013 in Economy

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this infographic illustrates how much debt is in America and how much each person contributes to the debt. It also illustrates easy to comprehend data on debt distribution.
Category: Economy

Publisher:

Cash Store

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WrightIMC
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