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Forty percent of the people under 30 had outstanding student loans, and the average outstanding debt is $23,300.
It said the average outstanding mortgage balance for older borrowers was £70,000, compared to £45,000 for their younger counterparts.
The average outstanding home loan is around £115,000, with a typical interest rate of 3.3% according to Amit Kara of UBS, a bank.
And the problem is worsening: The average outstanding balance for those holding the loans has risen more than 60percentt over the past 10 years.
But in 2011 the average outstanding student loan balance was over $23,000, with 10 percent of those loans being above $54,000, and the data shows people are having a harder time keeping up with the payments.
Meanwhile, one in four families now owes money on a personal loan – that's a rise of almost a quarter from a year ago – with an average outstanding balance of £2,080.
Similar(44)
"Although the home equity portfolio weakened due to declining residential property values, losses remain manageable at an annualized 0.57 percent of related average outstandings and compare favorably relative to Regions' peer group," the company said, adding that it would aggressively manage its residential homebuilder portfolio, in which it has an overall exposure of $6.2 billion.
Related income-per-share figures are fully diluted when available and are based on average shares outstanding during the year, or the number of shares outstanding at year-end, depending on the company's accounting method.
Earnings were $71,423,000, or $2.73 a share on 26,170,000 average shares outstanding, compared with $78,135,000, or $3.01 a share on 25,973,000 average shares outstanding in the former fiscal year.
–The average shares outstanding for the last fiscal year is less than or equal to the average number of shares outstanding for the fiscal year two years ago.
--The average shares outstanding for the last fiscal year is less than or equal to the average number of shares outstanding for the fiscal year two years ago.
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CEO of Professional Science Editing for Scientists @ prosciediting.com