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Published On: Fri, Nov 8th, 2019

Keep On Rolling! Unrepayable Student And Auto Debt Hit New Record Highs

…….when it comes to student and auto loans, there were no surprises, with the former increasing by $33 billion in the third quarter, when auto loans increased by $21 billion, both series hit new record highs, to wit: student loan is now $1.639 trillion, and auto loans are now $1.194 trillion, both all time highs.

https://www.zerohedge.com/markets/student-auto-loans-hit-new-record-high-even-consumers-unexpectedly-paid-down-credit-cards

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Source: David Stockman

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