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<p>Is there any website I can go to to find out the average consumer debt?  All the ones I find don't say whether they include mortgages or not... I don't have a mortgage, but I do feel like I have a TON of debt (mainly student loans).  I want to find out how normal/abnormal I am lol!</p>
 

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<p>This doesn't exactly help with your student loan problem, but I think it's pretty interesting when it comes to CC debt.</p>
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<p><a href="http://moneycentral.msn.com/content/banking/creditcardsmarts/p74808.asp" target="_blank">http://moneycentral.msn.com/content/banking/creditcardsmarts/p74808.asp</a></p>
 

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<br><br><div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>Xeli</strong> <a href="/community/forum/thread/1282708/website-to-find-out-average-consumer-debt#post_16083639"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a><br><br><p>Is there any website I can go to to find out the average consumer debt?  All the ones I find don't say whether they include mortgages or not... I don't have a mortgage, but I do feel like I have a TON of debt (mainly student loans).  I want to find out how normal/abnormal I am lol!</p>
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<br><br><p>I was under the impression that consumer debt always excluede mortgage, student and car loans.</p>
 

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<p>This has been in the news A LOT this week in Canada.  The average household debt is now apparently $1.48 for every $1 earned in income.  In the US, right before your economy crashed, it was $1.62 for every $1 earned in income.  Anything that appreciates in value (like a home or an education) isn't considered to be consumer debt. </p>
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<p>Here's a link on <a href="http://www.realonlinedegrees.com/student-debt-by-the-numbers_2010-05-13/" target="_blank">US student debt</a>. "In 2008, the average debt of a student graduating with a bachelor’s degree from a four-year public university stood at $19,535. Students earning a bachelor’s degree from a private four-year university graduated with an average of $25,350 worth of debt.<span>"</span></p>
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<p><span>Here's an even better one that <a href="http://www.projectonstudentdebt.org/state_by_state-data.php" target="_blank">breaks it down by state</a>.</span></p>
 

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<br><br><div class="quote-container"><span>Quote:</span>
<div class="quote-block">Originally Posted by <strong>gumshoegirl007</strong> <a href="/community/forum/thread/1282708/website-to-find-out-average-consumer-debt#post_16121705"><img alt="View Post" class="inlineimg" src="/community/img/forum/go_quote.gif" style="border:0px solid;"></a><br><br><p>This has been in the news A LOT this week in Canada.  The average household debt is now apparently $1.48 for every $1 earned in income.  In the US, right before your economy crashed, it was $1.62 for every $1 earned in income.  Anything that appreciates in value (like a home or an education) isn't considered to be consumer debt. </p>
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<p>Here's a link on <a href="http://www.realonlinedegrees.com/student-debt-by-the-numbers_2010-05-13/" target="_blank">US student debt</a>. "In 2008, the average debt of a student graduating with a bachelor’s degree from a four-year public university stood at $19,535. Students earning a bachelor’s degree from a private four-year university graduated with an average of $25,350 worth of debt.<span>"</span></p>
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<p><span>Here's an even better one that <a href="http://www.projectonstudentdebt.org/state_by_state-data.php" target="_blank">breaks it down by state</a>.</span></p>
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<p><br>
The recent Canadian report included mortgages: "And while the rate of increase in Canadian household debt -- which includes mortgages -- has slowed in the last year, bankers, including Bank of Canada governor Mark Carney, warn an interest rate spike could see some consumers buckle under the load." (<a href="http://www.winnipegfreepress.com/opinion/editorials/household-debt-loads-worrisome-111986184.html" target="_blank">Winnepeg Free Press</a>)</p>
 

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<p>Right.  The OP asked about consumer debt, which included her student loans.  However, student loans aren't consumer debt, but part of household debt.  Hence the figures above.  Sorry that wasn't clear.</p>
 
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