11% of Student Loans 90 Days and Plus Delqinquency

The unpaid student loans epidemic has now surpassed the $1 trillion marker. Based on that number only, home mortgages carry more consumer debt in the United States.

In a new report from the Department of Education, the agency claims that eleven percent of school loans are seriously delinquent by 90 days or more.

In comparison, only six percent of student loans were in default during a similar 2003 report.

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About defaultprevention

Default Prevention Specialist since 1998.
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