Debt isn’t always a bad thing—”good debt” is money owed for items or investments that can help build wealth, such as mortgages.
– Total debt: $320 billion (2% of all debt in the U.S.)
– Total debt: $840 billion (5.3% of all debt in the U.S.)
– Total debt: $1.47 trillion (9.3% of all debt in the U.S.)
– Total debt: $1.59 trillion (10.0% of all debt in the U.S.)
– Total debt: $11.18 trillion (70.6% of all debt in the U.S.)
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