Who Has The Most Debt and Why - KMPH FOX 26 | Central San Joaquin Valley News Source

Who Has The Most Debt and Why

Updated:

A college degree may earn you a higher paying job, but it could mean you will be stuck with more debt.

Those are the findings of a new Pew Research Center study.

It found people under 40, who took out student loans, have almost twice the overall debt load of those who graduated without debt. That's because they are also racking up car loans, credit card debts and mortgages.

But there is some good news....

Americans are now carrying less credit card debt.

According to a FOX Business report, the average person owes about $5,100.

And the number of people who are delinquent on those payments is also falling.

  • Local NewsLocal NewsMore>>

  • Yosemite National Park Tourist Capture Flames on Cameras

    Yosemite National Park Tourist Capture Flames on Cameras

    Right now, firefighters are still trying to gain control of two wildfires in the Sierra Nevada.The French Fire is burning in the steep terrain of Madera County, just east of Coarsegold near Mammoth Pool Reservoir.People living in the Kinsman Flat and Mammoth Pool areas are being told to be packed and ready to leave if the fire becomes a threat.So far some 2,000 acres have burned.The other fire is burning near the communities of El Portal and Foresta, right on the edge of Yosemite National Pa...More >>
    Right now, firefighters are still trying to gain control of two wildfires in the Sierra Nevada.The French Fire is burning in the steep terrain of Madera County, just east of Coarsegold near Mammoth Pool Reservoir.People living in the Kinsman Flat and Mammoth Pool areas are being told to be packed and ready to leave if the fire becomes a threat.So far some 2,000 acres have burned.The other fire is burning near the communities of El Portal and Foresta, right on the edge of Yosemite National Pa...More >>
  • VALLEY DROUGHT 2014: Hundreds Of People Reporting Water Wasters In Fresno

    VALLEY DROUGHT 2014: Hundreds Of People Reporting Water Wasters In Fresno

    The City of Fresno is looking for water wasters and they're getting a lot of help. The water conservation department says it's received hundreds of reports about people wasting water.
    More >>
    The City of Fresno is looking for water wasters and they're getting a lot of help. The water conservation department says it's received hundreds of reports about people wasting water.

    More >>
  • Boy's Bike Stolen, Fresno's Biking Community Rallies to Help

    Boy's Bike Stolen, Fresno's Biking Community Rallies to Help

    Some people ride their bikes for fun.Others, to get in shape.But for 12-year-old Albert Solis, his bike is his therapy."If I'm mad, I can get to a happy place and forget about what just happened," he says.Albert, has Asperger Syndrome-- a disorder that makes it tough sometimes to communicate and interact with others.He's bought a bike with his birthday money, and his mother says since he started cycling, she's seen a big change."It's just now one of those 'Ahhhhhhh' moments that he knows how ...More >>
    Some people ride their bikes for fun.Others, to get in shape.But for 12-year-old Albert Solis, his bike is his therapy."If I'm mad, I can get to a happy place and forget about what just happened," he says.Albert, has Asperger Syndrome-- a disorder that makes it tough sometimes to communicate and interact with others.He's bought a bike with his birthday money, and his mother says since he started cycling, she's seen a big change."It's just now one of those 'Ahhhhhhh' moments that he knows how ...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KMPH. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.