US EditionUS household debt rose by $185 billion in the last three months, data shows
UNITED STATES, AUG 05 – Household debt rose 1% in Q2 2025 to $18.39 trillion with student loan serious delinquencies hitting 12.9%, the highest in 21 years, signaling increased financial pressure on borrowers.
- Data from the Federal Reserve Bank of New York shows U.S. household debt rose by $185 billion in three months to $18.39 trillion at the June-end snapshot.
- Mortgage balances grew by $131 billion, credit card balances increased by $27 billion, auto loans by $13 billion, and student loans by $7 billion after the payment freeze ended.
- The New York Fed noted that 4.4% of outstanding debt was in some stage of delinquency, up 0.1% from Q1, and student loans’ serious delinquency share hit 12.9%, the highest in 21 years.
- Analysts predict escalating loan defaults, as New York Fed researchers said student-loan delinquencies will likely keep rising toward pre-pandemic levels in the coming months.
- Economists warn the record surge suggests American households face increasing financial strain this year, with rising mortgage costs pushing 70% of households earning more than $100,000 into living paycheck to paycheck.
28 Articles
28 Articles
Should we fret over rising household debt?
The latest household debt report from the New York Federal Reserve is in. Delinquencies are on the rise — specifically, student loan delinquencies spiked into the double-digits. In this episode, experts say the news isn’t too alarming, even as consumers lean more on borrowing to get by. Plus: Audi might build a U.S. factory to save on tariffs, a drop in international students could cost the U.S. economy, and Tennessee bans community benefits agr…
Consumer spending may be up, but so is household debt, a new report from the New York Fed shows
Brendan McDermid/REUTERSHousehold debt rose to $18.39 trillion, and delinquency remained "elevated," the New York Fed said.Credit card balances hit $1.21 trillion, with rising student loan debt and mortgages.Economic signals are mixed, with a strong stock market and spending, but weakening job growth.The stock market and consumer spending may be up, but so is household debt.A new report from the Federal Reserve Bank of New York shows total house…
US debt skyrockets, but the real crisis is student loans: here's the data that worries the Fed - Economic Scenarios
The New York Federal Reservehas released its report on American household debt, and there are worrying signs for certain categories of borrowers, threatening a broader debt crisis. Let's analyze the contents. Total household debt increased by $185 billion in the second quarter of 2025, a 1% increase from the first quarter of the same year. The current balance stands at $18.39 trillion, an increase of $4.24 trillion from the end of 2019, just bef…
Household Debt Rises to $18.39 Trillion as Auto, Mortgage Originations Tick Up
U.S. household debt increased by $185 billion in Q2 2025, reaching a record $18.39 trillion, according to the Federal Reserve Bank of New York. [contact-form-7] Mortgage balances led the rise, growing by $131 billion to $12.94 trillion as housing activity remained stable despite affordability concerns. Auto loan originations also climbed, totaling $188 billion — up from $166 billion in Q1. Credit card balances rose by $27 billion, whil…
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