Key Points ・Federal student loan defaults rose by about 400,000 last quarter to 9.3 million borrowers and another 1.5 million are in late-stage delinquency. ・Defaulted loans make up about 14% of ...
Information from FICO and the Federal Student Aid Data Center showed how much student loans could be impacting your underwriting as well as your outstanding auto-finance portfolio. According to a ...
The so-called student loan default cliff is here. Following a rise in federal student loan delinquencies over the past year, approximately 1 million borrowers' loans went into default at the end of ...
Though many parents and prospective students are balking at the continued rise in the cost of college, it’s still true that ...
The now-shuttered Florida Career College has the highest number of borrowers behind on their federal student loans. Find out ...