According to the Survey of Consumer Finance, the average debt for families 35 years old and younger in 1989 was $50,000. By 2007, the average debt carried by the same age group doubled to an astounding $100,000. The recession has certainly not helped. Recent data from the U.S. Education Department shows that the 2008-9 academic year saw a 25 percent increase in the total of student-loan disbursements to $75.1 billion, making it the largest increase in recent memory.And what if you never even finished that degree or the degree is more or less worthless because it's from a school with no prestige? So then you get some job that does not pay a livable wage and without health insurance so you can take on even more debt through credit cards. Or when a medical issue comes up your "friends" at the bank will now give you a medical credit loan. And then when you die, heavily in debt, your family can take out a funeral loan. That way the banks can continue to extract wealth from poor Americans though out their lives and afterlives. Brilliant, for the banks. No wonder they want to keep Americans stupid and in debt. That way the banks keep themselves profitable and in power.