Americans tidied up their household balance sheets to start 2025, cleaning up some credit card and auto loan debt, new data showed Tuesday.

Americans eased up on credit card and car debt to start the year, but new data shows student loan delinquencies surged.

Missed student loan payments have driven overall consumer debt delinquency to a post-pandemic high. As the Trump administration reverses lenient Biden-era policies, millions of borrowers have seen their credit scores plunge after delinquencies returned to credit reports in the first quarter of 2025.