1. (n.) The act of vindicating, or the state of being vindicated; defense; justification against denial or censure; as, the vindication of opinions; his vindication is complete. 1  2. (n.) The claiming a thing as one's own; the asserting of a right or title in, or to, a thing.
Almost identical to the size of the average student debt: $27,000. Over 10 years, a typical term for a student loan, the average debt of $28,200 will require a monthly payment of $284 a month at the current federal loan rate of 3.86% According to Experian, the average new car loan today has a monthly payment of $471. Getting into college is hard enough.
The average credit card debt. Itâs somewhat difficult to say exactly what is the average credit card debt in America because, as you can imagine, it grows every year and the statistics are always a year behind. However, according to one source, the average credit card debt here in the U.S, per family is $15,519. Just imagine, an average of $15,519. This means many Americans owe even more than this. To show you how credit card debt is growing, it was about $8300 at the end of 2008.