The phrase "average amount of debt" is correct and usable in written English.
It can be used when discussing financial statistics or personal finance, particularly in contexts related to loans, credit, or overall financial health.
Example: "The average amount of debt for college graduates has increased significantly over the past decade."
Alternatives: "typical level of debt" or "mean debt figure".
Because £44,500 – the average amount of debt students face after the introduction of £9,000 tuition fees – is a seriously large amount of money.
The average amount of debt would be even higher if the report included profit-making schools, where almost all students take out loans and, according to federal data, borrow about 45 percent more than students at nonprofits.
The mean values of the leverage variables have opposite signs because, on average, the value of the firm increases with the average amount of debt.
However, the average amount of debt people are repaying on their gas accounts rose to £371 in 2011, up from £339 the previous year.
The average amount of debt was $13,691.
D.C. also has the highest average amount of debt per borrower.
The average amount of medical debt on credit cards was $1,678.
As of 2010, the average amount of mortgage debt carried by new retirees was $70,000, according to Alicia H. Munnell, the director of the Center for Retirement Research at Boston College.
The other half of the ranking is based equally on three factors: the average amount of student debt at graduation held by those who borrowed; the percentage of students graduating in four years; and the number of students or faculty, adjusted for enrollment, who have won nationally competitive awards like Rhodes Scholarships or Nobel Prizes.
The increase in troubled loans comes as the average amount of student debt has significantly outpaced wage growth.
A recent analysis from the Institute for College Access and Success found that the average amount of student debt for undergraduates in the class of 2014 was nearly $30,000.
