At the same time that the American Bankers Association announced delinquencies were sharply down, the Federal Reserve announced that Americans continued to increase borrowing, primarily for auto financing and student loans. It goes without saying that an increase in borrowing may well hurt consumers in future years. The auto industry is now enjoying record sales and record profits, having been brought back from bankruptcy only a few years ago. The increase in student loans continues as a potential problem for young people trying to get their education. Unfortunately, no bankruptcy proceeding can help a jobless graduate repay or reorganize student loan debt.