American households reached an all-time high debt burden in 2024.This graphic examines the evolution of auto loans, mortgages, credit card debt, and student loans from 2003 to 2023. The analysis is based on data compiled by The Kaplan Group as of June 2024.Methodology
The Kaplan Group analyzed State-Level Household Debt Statistics from 2003 to 2023, sourced from the Federal Reserve Bank of New York. The data includes trends for auto loans, mortgages, credit cards, and student loans. Changes in these debt categories over the last 20 years were calculated, adjusted for inflation using the Consumer Price Index (CPI).
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