More than Half of U.S. Student Loans Are Deferred
51 percent of all student loan accounts in the U.S. are deferred, where repayment of the principal and interest is postponed, sometimes for up to three years....
Tag: student debt
U.S. Student Debt Problem Quickly Deteriorates
Americans take on ever more student loans, but can't keep up with debt repayments; 11.7% of student loans were delinquent in 2012 Q4, up from 11% in 2012 Q3....
Growth of Student Loan Debt, Delinquencies Accelerates
Student debt is rising at an accelerating rate and so is its delinquency rate, damaging borrowers' credit scores in the process, and there is no end in sight....
The State of the Student Loan Debt
Even as the total outstanding US consumer debt has been continually falling since reaching a peak in 2008 Q3, the student debt total has been rising all along....
Mending the Student Loan Crisis Proactively
It doesn't make sense to lend outrageous amounts of money to college students without considering their credit history or ability to repay the loans....