Zero Hedge — Student, Auto Loans Hit New All Time High Of $2.5 Trillion As Consumer Credit Jumps By $19 Billion

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Zero Hedge

Student, Auto Loans Hit New All Time High Of $2.5 Trillion As Consumer Credit Jumps By $19 Billion

Submitted by Tyler Durden

Bill McBride — Goldman Sachs: "An Update on Student Loans: A Bigger Headwind but Still Not a Deal Breaker"

Translation: If student loan debt becomes too much of a drag, it's no biggie since almost all of it is held by the feds who can just eat it without imploding the economy.

Calculated Risk

Goldman Sachs: "An Update on Student Loans: A Bigger Headwind but Still Not a Deal Breaker"
Bill McBride