By: Joseph Nordqvist
U.S. household debt is climbing again, pushing close to an eye-watering $18 trillion. And that’s not just some abstract Wall Street figure—it’s real money that millions of Americans are struggling to juggle, whether it’s buying a home, keeping a car, or putting kids through school. The Federal Reserve Bank of New York’s latest report points out that while incomes are up, debt is up too. So here’s the big question: is the country actually in shape to handle this?