Categorized | National News

Student Loan Defaults Surge To Highest Level In Nearly 2 Decades

[google-translator] Recent college students are defaulting on federal loans at the highest rate in nearly two decades, reflecting “crisis” levels of student debt and a lackluster economy that leaves graduates with bleak employment prospects. One in 10 recent borrowers defaulted on their federal student loans within the first two years, the highest default rate since…

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