student loan debt

March 14, 2019

Credit Card Balances End Year At Record High

U.S. credit card debt hit $870 billion – the largest amount ever – as of December 2018, according to the data from the Federal Reserve. Credit […]
December 5, 2018

Household Debt Soars to Record High

U.S. households have been taking on more debt for 17 straight quarters, leading to a total debt burden of $13.51 trillion at the end of the […]
October 24, 2018

Who is Most Likely to Default on Student Loan Debt?

The Urban Institute released a report on the trends seen with borrowers who are more likely to default on their student loan debt. The report found […]
August 23, 2018

Student Loan Debt Statistics In 2018: A $1.5 Trillion Crisis

Student loan debt is now the second highest consumer debt category – behind only mortgage debt – and higher than both credit cards and auto loans.  […]
June 26, 2018

Consumer Debt Soars but Mortgages Aren’t to Blame

Consumer debt is approaching new highs with current household debt set to be $1 trillion above the peak debt level of 2008, by the end of […]
June 6, 2017

73% of Americans Have Financial Regrets

Nearly 3-in-4 U.S. adults have financial regrets, according to a new Bankrate.com report. The most common is not saving for retirement early enough, followed by not […]
April 17, 2017

Student Loan Debt May Have Adverse Long-Term Impact

Rising student loan debt in the United States could ultimately hurt overall home ownership and consumer spending and erode colleges’ and universities’ ability to elevate lower-income students.  New […]
March 14, 2017

Millennials Locked Out of Housing Market Again

For quite some time, we’ve heard that Millennials have put off buying a home.  These reasons include student debt load, tighter lending standards, and simply not wanting […]
March 11, 2016

States With the Most Household Debt

Total U.S. household debt continued to climb in the fourth quarter of 2015. According to the Federal Reserve Bank of New York’s Quarterly Report on Household […]