• @[email protected]
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    8911 months ago

    That’s nothing if you have a mortgage, a car and student loans. I thought it was much more than that.

    • @[email protected]
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      2011 months ago

      I think because the number of people with a mortgage is smaller than those without one, the average skews lower. Mortgages are the first loan they mention at 1800+ a month.

      They should include average rent per month to get a better picture of how much people are earning just to spend immediately.

    • @[email protected]
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      311 months ago

      True. But I know a lot of people that have paid off their house and or car. This is an average.

    • Kairos
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      11 months ago

      I really wish that journalists would learn how to write a headline. “Typical” can mean either mean or median, either for the whole population or just for the population that would reasonably take on debt (similar to how unemployment is counted). [or sometimes mode] but I think they’re saying average.

      • Dark Arc
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        111 months ago

        Well they definitely aren’t going to start writing about the “mean American’s” debt 😉