The company says its debt level will be $12.4 billion.

The problem is the levels of debt the company has.

Your level of debt doesn't change, just the time point.

The average debt level in the industry is 52 percent of capital.

Kids are already leaving university with high levels of debt before they even go to work.

By June this year the debt level had reached £2.3m.

True enough, but this is about the average debt level for a major league team.

The result would be lower debt levels and greater spending power.

Either way, high debt levels alone may not explain the crisis.

However, high debt levels alone may not explain the crisis.