Why is student debt, auto debt, and credit card debt so high?

The average household that's carrying credit card debt has a balance of $15654. Households with ... Student loans, $47,047, $1.38 trillion. Any type of ... Finding a way to put money toward paying off debt, especially high interest debt, is the best way to free yourself from the vise grip debt can have on your budget. read more

Those with good credit will leave the credit card company if they get push back. Other people are stuck with the debt and continue to make nominal payments, including the additional fees. I went to college in the 1960s for $49 a semester. read more

Student loan debt is so high because college prices continue to soar higher and quicker than the rate of inflation. In other words, colleges are becoming more expensive when compared to the value of the dollar. read more