Student debt 1
Composition of total debt balance, 2003–2018
Date | Mortgage | HE Revolving | Auto Loan | Credit Card | Student Loan | Other |
---|---|---|---|---|---|---|
2003Q1 | 4.942 | 0.242 | 0.641 | 0.688 | 0.241 | 0.478 |
2003Q2 | 5.080 | 0.260 | 0.622 | 0.693 | 0.243 | 0.486 |
2003Q3 | 5.183 | 0.269 | 0.684 | 0.693 | 0.249 | 0.477 |
2003Q4 | 5.660 | 0.302 | 0.704 | 0.698 | 0.253 | 0.449 |
2004Q1 | 5.840 | 0.328 | 0.720 | 0.695 | 0.260 | 0.447 |
2004Q2 | 5.967 | 0.367 | 0.743 | 0.697 | 0.263 | 0.423 |
2004Q3 | 6.210 | 0.426 | 0.751 | 0.706 | 0.330 | 0.410 |
2004Q4 | 6.360 | 0.468 | 0.728 | 0.717 | 0.346 | 0.423 |
2005Q1 | 6.512 | 0.502 | 0.725 | 0.710 | 0.364 | 0.394 |
2005Q2 | 6.696 | 0.528 | 0.774 | 0.717 | 0.374 | 0.402 |
2005Q3 | 6.906 | 0.541 | 0.830 | 0.732 | 0.378 | 0.405 |
2005Q4 | 7.102 | 0.565 | 0.792 | 0.736 | 0.392 | 0.416 |
2006Q1 | 7.436 | 0.582 | 0.788 | 0.723 | 0.435 | 0.418 |
2006Q2 | 7.760 | 0.590 | 0.796 | 0.739 | 0.439 | 0.423 |
2006Q3 | 8.045 | 0.603 | 0.821 | 0.754 | 0.447 | 0.442 |
2006Q4 | 8.234 | 0.604 | 0.821 | 0.767 | 0.482 | 0.406 |
2007Q1 | 8.422 | 0.605 | 0.794 | 0.764 | 0.506 | 0.404 |
2007Q2 | 8.706 | 0.619 | 0.807 | 0.796 | 0.514 | 0.408 |
2007Q3 | 8.925 | 0.631 | 0.818 | 0.817 | 0.529 | 0.413 |
2007Q4 | 9.101 | 0.647 | 0.815 | 0.839 | 0.548 | 0.422 |
2008Q1 | 9.234 | 0.663 | 0.808 | 0.837 | 0.579 | 0.415 |
2008Q2 | 9.273 | 0.679 | 0.810 | 0.850 | 0.586 | 0.401 |
2008Q3 | 9.294 | 0.692 | 0.809 | 0.858 | 0.611 | 0.412 |
2008Q4 | 9.257 | 0.705 | 0.791 | 0.866 | 0.639 | 0.412 |
2009Q1 | 9.135 | 0.714 | 0.766 | 0.843 | 0.663 | 0.409 |
2009Q2 | 9.063 | 0.713 | 0.743 | 0.824 | 0.675 | 0.389 |
2009Q3 | 8.944 | 0.708 | 0.739 | 0.812 | 0.695 | 0.382 |
2009Q4 | 8.843 | 0.706 | 0.722 | 0.795 | 0.721 | 0.379 |
2010Q1 | 8.834 | 0.695 | 0.705 | 0.762 | 0.758 | 0.363 |
2010Q2 | 8.703 | 0.683 | 0.702 | 0.744 | 0.762 | 0.349 |
2010Q3 | 8.609 | 0.673 | 0.710 | 0.731 | 0.778 | 0.343 |
2010Q4 | 8.452 | 0.668 | 0.711 | 0.730 | 0.812 | 0.341 |
2011Q1 | 8.544 | 0.641 | 0.706 | 0.696 | 0.839 | 0.329 |
2011Q2 | 8.516 | 0.625 | 0.713 | 0.694 | 0.851 | 0.330 |
2011Q3 | 8.402 | 0.639 | 0.730 | 0.693 | 0.870 | 0.327 |
2011Q4 | 8.268 | 0.627 | 0.734 | 0.704 | 0.874 | 0.330 |
2012Q1 | 8.187 | 0.612 | 0.737 | 0.679 | 0.904 | 0.319 |
2012Q2 | 8.147 | 0.589 | 0.750 | 0.672 | 0.914 | 0.312 |
2012Q3 | 8.028 | 0.573 | 0.768 | 0.674 | 0.956 | 0.311 |
2012Q4 | 8.033 | 0.563 | 0.783 | 0.679 | 0.966 | 0.317 |
2013Q1 | 7.932 | 0.552 | 0.794 | 0.660 | 0.986 | 0.307 |
2013Q2 | 7.841 | 0.540 | 0.814 | 0.668 | 0.994 | 0.296 |
2013Q3 | 7.897 | 0.535 | 0.845 | 0.672 | 1.027 | 0.304 |
2013Q4 | 8.049 | 0.529 | 0.863 | 0.683 | 1.080 | 0.317 |
2014Q1 | 8.165 | 0.526 | 0.875 | 0.659 | 1.111 | 0.314 |
2014Q2 | 8.096 | 0.521 | 0.905 | 0.669 | 1.118 | 0.323 |
2014Q3 | 8.131 | 0.512 | 0.934 | 0.680 | 1.126 | 0.327 |
2014Q4 | 8.170 | 0.510 | 0.955 | 0.700 | 1.157 | 0.335 |
2015Q1 | 8.171 | 0.510 | 0.968 | 0.684 | 1.189 | 0.329 |
2015Q2 | 8.116 | 0.499 | 1.006 | 0.703 | 1.190 | 0.339 |
2015Q3 | 8.260 | 0.492 | 1.045 | 0.714 | 1.203 | 0.351 |
2015Q4 | 8.249 | 0.487 | 1.064 | 0.733 | 1.232 | 0.351 |
2016Q1 | 8.369 | 0.485 | 1.071 | 0.712 | 1.261 | 0.354 |
2016Q2 | 8.362 | 0.478 | 1.103 | 0.729 | 1.259 | 0.356 |
2016Q3 | 8.350 | 0.472 | 1.135 | 0.747 | 1.279 | 0.367 |
2016Q4 | 8.480 | 0.473 | 1.157 | 0.779 | 1.310 | 0.377 |
2017Q1 | 8.627 | 0.456 | 1.167 | 0.764 | 1.344 | 0.367 |
2017Q2 | 8.691 | 0.452 | 1.190 | 0.784 | 1.344 | 0.378 |
2017Q3 | 8.743 | 0.448 | 1.213 | 0.808 | 1.357 | 0.386 |
2017Q4 | 8.882 | 0.444 | 1.221 | 0.834 | 1.378 | 0.389 |
2018Q1 | 8.939 | 0.436 | 1.229 | 0.815 | 1.407 | 0.385 |
Source: New York Fed Consumer Credit Panel/Equifax
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