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

Meta Brown, Andrew Haughwout, Donghoon Lee, Joelle Scally and Wilbert van der Klaauw

No 20150217, Liberty Street Economics from Federal Reserve Bank of New York

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.

Keywords: delinquencies; student loans; household credit (search for similar items in EconPapers)
JEL-codes: D1 (search for similar items in EconPapers)
Date: 2015-02-17
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