Staggering Student Loan Defaults On Deck: 27% Of Students Are A Month Behind On Their Payments

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*Tyler Durden, "Staggering’ Student Loan Defaults On Deck: 27% Of Students Are A Month Behind On Their Payments. " Zero Hedge, 15 April 2017. **jade scipioni, " Why Betsy DeVos Is Visiting This Ohio School Today.

The student debt-serfs who paid for all the shiny new buildings and fat admin salaries with future earnings aren’t doing so well, either: "Staggering" Student Loan Defaults On Deck: 27% Of Students Are A Month Behind On Their Payment

 · Over 120 billion in student loans are already in default 27% of students are a month behind on their payments* As economic conditions deteriorate and there are even less meaningful jobs for college graduates than there are now, these numbers will only get worse.

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If you read that, you understand the premise behind this blog, and of course, similar blogs I’ve posted in the past. Each, unequivocally, have one resounding theme that I’ve tried to stress repeatedly.

Staggering Student Loan Defaults On Deck: 27% Of Students Are A Month Behind On Their Payments Student loans have received considerable media attention in recent months as researchers and policymakers voice growing concern about the heavy debt loads assumed by students and their parents. In addition to worries about the volume of outstanding student debt, there is concern about having enough federal aid to support the large number of.

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