2. Student debtors owed much more credit card debts
Average real (2023 dollars) household credit card debt and credit limit usage in 2019, by age of household main income earner(s)
Student debtor versus Student debt-free households
A table comparing the average credit card debts of households with student debt versus those that had no student debt in 2019, by the age group of the household’s main income earner. Student debtors had considerably higher credit card debts across all age groups. On average, student debtors had used up an additional 6% of their credit card limits compared to those that had no student debt.
