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Since early 2010, total student loan debt has consistently outpaced other non-mortgage household debt.
https://www.pgpf.org/chart-archive/0267_student_debt_outpacing_others
Growth over the next few years is expected to slow as the recent fiscal stimulus wanes.
https://www.pgpf.org/blog/2019/04/economic-growth-remains-strong-but-it-probably-wont-last
Student debt rose to nearly $1.5 trillion in 2018.
https://www.pgpf.org/chart-archive/0266_student_debt_is_rising
The homeownership rate for young adult households has declined
https://www.pgpf.org/chart-archive/0227_young_adult_home_own
Debt levels have risen in many sectors of the economy.
8 million people — roughly the population of Massachusetts — have student debt greater than $50,000.
The Administration uses rosy economic assumptions.
https://www.pgpf.org/chart-archive/0268_rosy_economic_assumptions
The U.S. personal saving rate has fallen sharply over the past 40 years and remains low.
The U.S. national saving rate has declined significantly since the mid-1960s.
Despite recent declines, U.S. household debt is still very high relative to disposable income.
