Total U.S. household debt continued to climb in the fourth quarter of 2015, according to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit, Bloomberg News reported today. Households added $51 billion of debt in the final three months of the year, pushing total indebtedness to $12.12 trillion at the end of the quarter. Mortgage debt remains the leading contributor by far, but student loan debt also continued its ascent. Nationwide, the per capita debt is about $46,170, the Federal Reserve Bank of New York said in its most recent report.
