PDF G-230: How to Calculate Your Net Worth
net worth of −$12,500 to −$46,300, 40% of that debt is student loans (Backman, 2017). The next contributing factor is mortgage debt. Among the negative net worth population, just 20% own their homes, which means the rest of the negative net worth population is still paying off their home or are renting rather than owning a home (Backman, 2017). ................
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