Adults are continually bombarded with messages about how eating foods rich in cholesterol can elevate an individual's risks of atherosclerosis and heart attacks. Many such warnings have focused on eggs because their yolks are a major dietary source of cholesterol.
The vast majority of Americans are in debt, according to a report from Pew Charitable Trusts published in July. For the most part, that debt comes from what many people would call a good thing â homeownership. Of the 80% of Americans with debt, 44% have mortgage debt. Overall, the median debt load among Americans is $67,900, overwhelmingly driven by mortgages (the median home loan balance is $103,000).
According to data from the U.S. Census Bureau and the Federal Reserve, American households owe on average a staggering $16,425 in credit card debt, and that amount has risen 10 percent since 2013. Collectively, we owe nearly $1 trillion in credit card debt, on which we pay an average interest rate of 18.76 percent, or about $1,292 per household each year.