US Household Debt Hits Record $18.6 Trillion As Student Loan Defaults Explode
The NY Fed published its Quarterly Report on Household Debt and Credit. Surprising exactly no-one, the report showed that total household debt increased by $197 billion (1%) in Q3 2025, to a new record high of $18.59 trillion. split between $13.5 trillion in housing debt and $5.1 trillion in non-housing debt. “Household debt balances are …
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