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As The Wall Street Journal reported, ‘The total debt held by American households reached a record high in early 2017, exceeding its 2008 peak after years of retrenchment in the face of financial crisis, recession and modest economic growth’. While it appears that this debt is not nearly as toxic as it was pre-Great Recession, (the increase is pegged to student and car loans), it still puts American’s far deeper in debt.

Want another jaw-dropping statistic? According to an article in USA Today Americans die with an average debt of $62 thousand. Take THAT millennials!