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economy

The Average American Debt: A Wake-Up Call for the Nation

Americans are in deeper debt than ever before, and it’s only getting worse. From student loans to mortgages, credit card balances to medical bills, the average American is drowning in debt — and it’s starting to show. As of 2024, the average U.S. household is carrying $105,056 in debt, with $18 trillion in total debt […]