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Just Released: Student Loan Delinquency Rate Defies Overall Downward Trend in Household Debt and Credit Report for Fourth Quarter 2014

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Abstract

Today, the New York Fed released the Quarterly Report on Household Debt and Credit for the fourth quarter of 2014. The report is based on data from the New York Fed’s Consumer Credit Panel, a nationally representative sample drawn from anonymized Equifax credit data. Overall, aggregate balances increased by $117 billion, or 1.0 percent, boosted by increases in all credit types except home equity lines of credit.

Suggested Citation

  • Meta Brown & Andrew F. Haughwout & Donghoon Lee & Joelle Scally & Wilbert Van der Klaauw, 2015. "Just Released: Student Loan Delinquency Rate Defies Overall Downward Trend in Household Debt and Credit Report for Fourth Quarter 2014," Liberty Street Economics 20150217, Federal Reserve Bank of New York.
    • Handle: RePEc:fip:fednls:87011
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    More about this item

    Keywords

    delinquencies; student loans; household credit;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior

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