Student Debt as a Changing Percentage of Total Personal Debt in the U.S. in 2003 and 2013

Pie Charts, Americans' Debt, by Type, 2003 and 2013

 

Notice that the two categories that have declined as student-loan debt has increased are both related to consumer spending—auto-loan debt and credit-card debt.

Here is a chart that demonstrates in a somewhat different way the decline in the proportion of our income that we are spending on new automobiles:

 

Annual Share of US Vehicles by Age

 

 

 

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