I just received a 2023 American Community Survey from the U.S. Census Bureau, which took over an hour to fill out.
The survey asked a slew of questions, in order to "give our country an up-to-date picture of how we live," including household income, mortgage/rent, and home value calculations.
I noticed, however, that not a single question was designated for loans of any kind, except for total mortgage payments.
Given the political focus on student loan debt recently, this disturbed me. Are we getting this information elsewhere (Pell Grant data?) or is the US Government really just flying blind as to how much debt the average American is in?
It feels like critical information in an era of creditors. Between auto loans, student loans, and many other sources of income, this really doesn't feel like it could POSSIBLY give the full picture.