Oregon Debt Statistics

Steve Goldstein
Steve Goldstein
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Oregon Debt Statistics 2023: Facts about Debt in Oregon reflect the current socio-economic condition of the state.


LLCBuddy editorial team did hours of research, collected all important statistics on Oregon Debt, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to start an Oregon LLC business in 2023? Maybe for educational purposes, business research, or personal curiosity, whatever it is – it’s always a good idea to gather more information.

How much of an impact will Oregon Debt Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

Please read the page carefully and don’t miss any word.

Top Oregon Debt Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 21 Oregon Debt Statistics on this page 🙂

Oregon Debt “Latest” Statistics

  • According to Consolidated Credit, the average credit card debt per household in Oregon is $8,619.[1]
  • According to Education Data Initiative, Oregon has a $20.1 billion student loan debt.[2]
  • The average student loan debt in Oregon is $37,017.[2]
  • According to a new data gathered by , a student loan refinancing company, the amount per borrower in Oregon is $27,500. [2][3]
  • On the west coast, just one state—Oregon—saw a 1.63% rise in the amount of student debt per borrower between 2016 and 2017.[3]
  • More than half of graduates from colleges in Oregon carry debt, and the state ranks 22nd in the nation for average student loan debt per borrower.[3]
  • The median medical debt among those with medical debt was $2,326.[4]
  • In Oregon, the nationwide total student loan debt balance increased 8.28% in 2020.[5]
  • From 2020 to 2021, total consumer debt balances climbed by 5.4%, or $772 billion, to reach $15.31 trillion, more than double the 2.7% growth that occurred from 2019 to 2020.[6]
  • In the last ten years, courts have settled more than 70% of debt collection cases with default judgments in favor of the plaintiff.[7]
  • In 2020, Oregonians were adept at controlling their credit card debt as the average balance fell 15% to $4,681.[8]
  • According to OSPIRG, the median annual income of filers who reported medical debt was $36,530, but in each income bracket below $100,000 per year the majority of filers had medical debt.[4]
  • The average Oregon student loan borrower owes over $36,091 by the time they graduate.[5]
  • In Oregon’s 10 most populous counties, the percentage of filers who had medical debt ranged from 52% to 69%, and the median amount of debt ranged from $1,723 to $3,664.[4]
  • Less than 10% of defendants in debt collection actions from 2010 to 2019 had legal representation, compared to virtually all plaintiffs, according to research on the cases from 2010 to 2019.[7]
  • According to Oregon Economic Analysis, Oregon ranks 31st highest among all states for auto and credit card debts.[9]

Oregon Debt “Other” Statistics

  • The federal Department of Education has an estimated profit of $127 billion over the next 10 years.[3]
  • In July 2020, 11.2% of adults with student loan debt reported that they were unable to make a payment.[5]
  • Debt collection lawsuits occupied an increasing percentage of civil dockets from an estimated 1 in 9 civil cases to 1 in 4 from 1993 to 2013, more than doubling from less than 1.7 million to nearly 4 million.[7]
  • According to US News, At University of Oregon, the median federal loan debt among borrowers who completed their undergraduate degree is $20,500.[7]
  • 6% of graduating students at University of Oregon took out private loans with an average debt at graduation of $44,526.[7]

Also Read

How Useful is Oregon Debt

One school of thought argues that debt can be a valuable tool for financing essential infrastructure projects, funding public services, and stimulating economic growth. Proponents of this view posit that strategically leveraging debt can allow the state to invest in long-term projects that provide tangible benefits to its residents. By borrowing now to finance these projects, Oregon can spread the costs over a longer period of time and avoid placing undue strain on current taxpayers.

Additionally, advocates of utilizing debt argue that low interest rates make borrowing an attractive option for funding capital investments. With interest rates at historically low levels, Oregon can benefit from borrowing at favorable terms and financing projects at a lower cost than if funding were sourced from current tax revenues.

Furthermore, proponents of debt argue that by using debt to fund infrastructure improvements, Oregon can enhance its competitiveness, attract businesses, and create a more vibrant economy. Upgrading roads, bridges, and other critical infrastructure can improve transportation efficiency, reduce congestion, and facilitate the movement of goods and services throughout the state. Likewise, investing in education, healthcare, and other public services can enhance the quality of life for residents and foster long-term economic growth.

On the other hand, critics of Oregon debt contend that excessive borrowing can saddle future generations with costly debt obligations and hamper the state’s ability to respond to unforeseen challenges. Excessive debt, they argue, can limit fiscal flexibility, constrain budgetary choices, and divert resources away from essential services. Moreover, concerns about the sustainability of Oregon’s debt burden have fueled apprehensions about the potential negative implications for the state’s credit rating and borrowing costs.

Critics also caution that relying too heavily on debt to finance ongoing operating expenses can lead to a vicious cycle of borrowing to pay off existing debt, exacerbating long-term fiscal imbalances and creating a reliance on debt financing to sustain basic government functions.

As policymakers grapple with the question of how useful Oregon debt is, it is essential to consider the trade-offs involved in leveraging debt as a financing mechanism. While debt can be a valuable tool for funding critical investments and promoting economic growth, it is essential to exercise prudence in its use to avoid burdening future generations with unsustainable levels of debt.

Ultimately, the utility of Oregon debt depends on the state’s ability to strike a balance between leveraging debt to fund investments in infrastructure and public services while maintaining fiscal discipline and ensuring that debt levels remain sustainable. By carefully weighing the costs and benefits of utilizing debt as a financial instrument, policymakers can make informed decisions that will shape Oregon’s economic trajectory for years to come.


  1. consolidatedcredit – https://www.consolidatedcredit.org/debt-relief/oregon/
  2. educationdata – https://educationdata.org/student-loan-debt-by-state
  3. eugeneweekly – https://eugeneweekly.com/2018/08/08/new-data-reveal-extent-of-oregon-student-loan-debt/
  4. ospirg – https://ospirg.org/reports/orp/unhealthy-debt-medical-costs-and-bankruptcies-oregon
  5. state – https://www.doj.state.or.us/oregon-department-of-justice/office-of-the-attorney-general/spotlight-student-loan-debt/
  6. experian – https://www.experian.com/blogs/ask-experian/research/consumer-debt-study/
  7. pewtrusts – https://www.pewtrusts.org/en/research-and-analysis/reports/2020/05/how-debt-collectors-are-transforming-the-business-of-state-courts
  8. incharge – https://www.incharge.org/debt-relief/credit-counseling/oregon/
  9. oregoneconomicanalysis – https://oregoneconomicanalysis.com/2017/07/12/oregon-household-debt-mostly-tame/

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