October 1, 2013
Student Loan Defaults Are Still Soaring Thanks to Washington’s Neglect

The official student loan default rate has hit a 16-year high, the Department of Education reported yesterday. One out of every ten borrowers whose loans went into repayment during 2011 defaulted within two years. That’s up from a 9 percent two-year default rate among students who began repaying in 2010. Another 12 months has gone by, and the student loan crisis, sadly, has kept getting deeper.  
Read more. [Image: Reuters]

Student Loan Defaults Are Still Soaring Thanks to Washington’s Neglect

The official student loan default rate has hit a 16-year high, the Department of Education reported yesterday. One out of every ten borrowers whose loans went into repayment during 2011 defaulted within two years. That’s up from a 9 percent two-year default rate among students who began repaying in 2010. Another 12 months has gone by, and the student loan crisis, sadly, has kept getting deeper. 

Read more. [Image: Reuters]

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    Killing our generation with their greed.
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    Student Loan Defaults Are Still Soaring Thanks to Washington’s Neglect The official student loan default rate has hit a...
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    Student Loan Defaults Are Still Soaring Thanks to Washington’s Neglect The official student loan default rate has hit a...
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