There is $1.64 trillion of outstanding student loan debt, as of the second quarter of 2025, of which "10.2% of aggregate student debt was reported as 90+ days delinquent", according to data reported by the NY Fed. These $163.2 billion of delinquent student loans, which were not previously reported [to credit bureaus] due to a near 5-year pause, are now showing up on credit reports. Not to be outdone by student loan debt, credit card loans--also visible in the above chart, in blue--rose some $27 billion over the same period to $1.21 trillion outstanding, up 5.87% year-over-year.
But no one cares! Thankfully buybacks at record levels.
US companies announced $166 billion in stock buybacks last month, the most for any July on record.
This surpassed the previous record of $88 billion in 2006.
This is also TRIPLE the 2021-2023 average and more than DOUBLE the amount seen last year.
Year-to-date, announced buybacks stand at $926 billion, $108 billion above the previous year-to-date record set in 2022.
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