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 family debt-to-income ratio in Canada has now hit a record 150 per cent, the Vanier Institute of the Family said Thursday.The Vanier Institute of the Family report says the average Canadian family debt has reached $100,000.hat means for every $1,000 in after-tax income, Canadian families owe $1,500, the institute said, while releasing its 12th annual assessment of Canadian family finances. It found the average family borrowing â including mortgage debt â now totals $100,000.