Student debt 2

Composition of total debt balance, 2003–2018

Date Mortgage Credit Card Student Loan Other
2003Q1 4.942 0.688 0.241 1.361
2003Q2 5.080 0.693 0.243 1.368
2003Q3 5.183 0.693 0.249 1.430
2003Q4 5.660 0.698 0.253 1.455
2004Q1 5.840 0.695 0.260 1.495
2004Q2 5.967 0.697 0.263 1.533
2004Q3 6.210 0.706 0.330 1.587
2004Q4 6.360 0.717 0.346 1.619
2005Q1 6.512 0.710 0.364 1.621
2005Q2 6.696 0.717 0.374 1.704
2005Q3 6.906 0.732 0.378 1.776
2005Q4 7.102 0.736 0.392 1.773
2006Q1 7.436 0.723 0.435 1.788
2006Q2 7.760 0.739 0.439 1.809
2006Q3 8.045 0.754 0.447 1.866
2006Q4 8.234 0.767 0.482 1.831
2007Q1 8.422 0.764 0.506 1.803
2007Q2 8.706 0.796 0.514 1.834
2007Q3 8.925 0.817 0.529 1.862
2007Q4 9.101 0.839 0.548 1.884
2008Q1 9.234 0.837 0.579 1.886
2008Q2 9.273 0.850 0.586 1.890
2008Q3 9.294 0.858 0.611 1.913
2008Q4 9.257 0.866 0.639 1.908
2009Q1 9.135 0.843 0.663 1.889
2009Q2 9.063 0.824 0.675 1.845
2009Q3 8.944 0.812 0.695 1.829
2009Q4 8.843 0.795 0.721 1.807
2010Q1 8.834 0.762 0.758 1.763
2010Q2 8.703 0.744 0.762 1.734
2010Q3 8.609 0.731 0.778 1.726
2010Q4 8.452 0.730 0.812 1.720
2011Q1 8.544 0.696 0.839 1.675
2011Q2 8.516 0.694 0.851 1.668
2011Q3 8.402 0.693 0.870 1.696
2011Q4 8.268 0.704 0.874 1.691
2012Q1 8.187 0.679 0.904 1.667
2012Q2 8.147 0.672 0.914 1.651
2012Q3 8.028 0.674 0.956 1.652
2012Q4 8.033 0.679 0.966 1.663
2013Q1 7.932 0.660 0.986 1.653
2013Q2 7.841 0.668 0.994 1.650
2013Q3 7.897 0.672 1.027 1.684
2013Q4 8.049 0.683 1.080 1.709
2014Q1 8.165 0.659 1.111 1.715
2014Q2 8.096 0.669 1.118 1.749
2014Q3 8.131 0.680 1.126 1.773
2014Q4 8.170 0.700 1.157 1.800
2015Q1 8.171 0.684 1.189 1.807
2015Q2 8.116 0.703 1.190 1.844
2015Q3 8.260 0.714 1.203 1.888
2015Q4 8.249 0.733 1.232 1.902
2016Q1 8.369 0.712 1.261 1.910
2016Q2 8.362 0.729 1.259 1.937
2016Q3 8.350 0.747 1.279 1.974
2016Q4 8.480 0.779 1.310 2.007
2017Q1 8.627 0.764 1.344 1.990
2017Q2 8.691 0.784 1.344 2.020
2017Q3 8.743 0.808 1.357 2.047
2017Q4 8.882 0.834 1.378 2.054
2018Q1 8.939 0.815 1.407 2.050
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Source: New York Fed Consumer Credit Panel/Equifax

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