A new analysis by The Motley Fool reveals that while mortgage and housing debt has decreased over the past few years, other debts is on the rise in American households. This category of “non-housing” includes credit cards, purchases of cars, and educational loans.

Although more families in America seem to be working to get their credit cards under control, car debts and education are burying more people in debt. New car debts have increased by more than 30 percent since 2011, but student debt is up by 150 percent.

A college education has become a “must have” in this economy, but students who pay top dollar tuition in the form of loans can find themselves regretting it later when the bills come due. Even with decent job prospects, it can be difficult for college graduates to earn jobs that pay off those loans each month.

Mounting student debt can certainly explain some of the reasons behind why more students are moving back home after college or living with multiple roommates, but those might be some of the best case scenarios. Other recent grads have not been able to secure employment that makes repayment possible. It is all too easy for these unlucky grads to fall into the trap of relying on credit cards to finance their regular expenses and diverting minimum student loan payments each month. Getting behind on student loans can have major consequences, but without a financial breakthrough, it is near impossible for a recent graduate to get on top of the growing debt.

The fact that student loan debt can have so many ripples in the water for a new graduate is getting the attention of lawmakers, some of whom are calling for student debt relief. Regardless of where that issue goes in the form of public policy, there is greater recognition that new student debt can be crippling, possibly even leading to bankruptcy. If you are in debt, then you should speak with an attorney who handles bankruptcy cases especially if you have debt besides student loans. Jayson Lutzky is a Bronx bankruptcy lawyer who offers free in-office initial consultations. Call 718-514-6619 to set up an appointment.