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).
Debt-free Americans are a dying breed. We may not have as much debt as we used to, but collectively, we are still very much in the red. The average American now has $47,000 in debt, down from a peak of $53,000 in 2008. So if you have less than that, or if you have more but can keep up with monthly payments, youâre probably doing better than your neighbors.