Can't recall an education
this post was submitted on 18 Mar 2025
471 points (99.0% liked)
A Boring Dystopia
11450 readers
1920 users here now
Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.
Rules (Subject to Change)
--Be a Decent Human Being
--Posting news articles: include the source name and exact title from article in your post title
--If a picture is just a screenshot of an article, link the article
--If a video's content isn't clear from title, write a short summary so people know what it's about.
--Posts must have something to do with the topic
--Zero tolerance for Racism/Sexism/Ableism/etc.
--No NSFW content
--Abide by the rules of lemmy.world
founded 2 years ago
MODERATORS
$5000? …A month? A sudden rate increase 10 times the agreed amount? This smells like rage bait. We are not in post-World War I, Germany, yet.
load more comments
(9 replies)
Quick numbers for those reading:
- Overall debt grew by $93 billion in the last three months of 2024 -- and about half of that increase was new credit card debt.
- Americans' total credit card balances now stand at a record-high $1.21 trillion.
- Americans hold nearly $1.7 trillion in auto loan debt.
- Americans' total household debt is $18.04 trillion -- including credit cards, mortgages, auto loans and student loans
STUDENT DEBT:
- Americans hold $1.62 trillion in student debt.
- Missed federal student loan payments were not reported to credit bureaus between 2020Q2 and 2024Q3.
- Consequently, less than % of aggregate student debt was reported 90+ days delinquent or in default in 2024Q4.
- Missed federal student loan payments will likely begin appearing on reports beginning in 2025Q1.
Here’s the report: House Hold Debt and Credit: Q4 2024 (published 2025 by Federal Reserve Bank of New York)
this story is actually insane.