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Record Number of Student Loan Borrowers Are in Delinquency and Default

The New York Times – Business:

Recently released data from the Education Department showed that by the end of last year, 7.7 million borrowers had defaulted on $181 billion in federal student loans.

Stacy Cowley
Author: Stacy Cowley

This post first appeared in The New York Times – Business. Read the original article.

Written by

Stacy Cowley

in

Credit and Debt, Education Department (US), Federal Aid (US), Financial Aid (Education), Personal Finances, Student Loans
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