Student Loan Debt Much Higher Than Previously Reported

Student loan delinquency rates are alot higher than previous estimates, which is reported from the Federal Reserve Bank of New York stating that student loan delinquency rates are much higher than previous estimates.

Conventional methods show around 15 %of student loan accounts are past due; however, the new report indicates that as many as 1 in 4 or 25% of borrowers may be behind in payments.

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Default Prevention Specialist since 1998.
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