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 of the primary arguments made by those critical of Oregon debt is that excessive borrowing can lead to a reliance on deficit spending, which ultimately puts the state at risk of financial crisis. They argue that the state should prioritize balancing its budget and reducing its debt burden in order to ensure a stable financial future. This perspective highlights the dangers of continually adding to the state’s debt without a clear plan for repayment.

Proponents of Oregon debt, on the other hand, believe that borrowing is an essential component of funding critical public services and infrastructure projects. They argue that without debt, the state would not be able to afford important investments in areas such as education, healthcare, transportation, and public safety. They emphasize that debt can be a powerful tool for financing projects that have long-term benefits for the state and its residents.

Another key consideration in the debate over Oregon debt is the impact on future generations. Critics of borrowing argue that accruing debt now will burden future generations with the responsibility of repayment. They warn that the state’s debt burden will only grow over time, making it increasingly difficult for future generations to fund important services and projects.

Supporters of Oregon debt counter that investing in public services and infrastructure now will ultimately benefit future generations. They argue that by borrowing to fund critical projects today, the state is investing in the long-term health and prosperity of Oregonians. They believe that this approach will pay dividends in the form of a more vibrant economy and improved quality of life for future generations.

Ultimately, the debate over Oregon debt is a complex one that revolves around balancing the short-term benefits of borrowing with the long-term risks. While critics warn of the dangers of accumulating debt, supporters argue that responsible borrowing is necessary to fund important investments that benefit the state and its residents.

As Oregon continues to navigate its financial challenges, policymakers will need to carefully consider the implications of their borrowing decisions. Finding the right balance between funding essential services and infrastructure projects, while also managing the state’s debt burden, will be crucial to ensuring a prosperous future for Oregon and its residents.


  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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