It is estimated that at least 120 million copies of McGuffey's Readers were sold between 1836 and 1960, placing its sales in a category with the Bible and Webster's Dictionary. Since 1961, they have continued to sell at a rate of some 30,000 copies a year.
Our researchers found the median debt per American household to be $2,300, while the average debt stands at $5,700. Combined data from the U.S. Census Bureau and the Federal Reserve allowed us to dive deeper into credit card debt in the United States, and look beyond the face value of those two figures.
Share this page on LinkedIn. Share this page on Pinterest. Debt is a common thread in the fabric of American life. According to a 2014 analysis by the Federal Reserve, the average household carries $15,611 in credit card debt, $155,192 in mortgage debt and $32,264 in student loan debt.hare this page on LinkedIn. Share this page on Pinterest. Debt is a common thread in the fabric of American life. According to a 2014 analysis by the Federal Reserve, the average household carries $15,611 in credit card debt, $155,192 in mortgage debt and $32,264 in student loan debt.