Archive for October, 2013
Student Loan Defaults Hit Highest Default Rate Level Since 1995
October 1st, 2013Via: Bloomberg: About one in seven borrowers defaulted on their federal student loans, showing how former students are buckling under higher-education costs in a weak economy. The default rate, for the first three years that students are required to make payments, was 14.7 percent, up from 13.4 percent the year before, the U.S. Education Department […]
