For the first time in half a decade, the rate of education loan defaults among recent college students has risen, highlighting the struggle many recent graduates face when it comes to paying their educational debts. A new report from the Department of Education found there was a slight increase in the percentage of borrowers who are defaulting on their studentStudent Loan Defaults Increase For First Time In Five Years; 8.5M Borrowers Now In Default
For the first time in half a decade, the rate of education loan defaults among recent college students has risen, highlighting the struggle many recent graduates face when it comes to paying their educational debts. A new report from the Department of Education found there was a slight increase in the percentage of borrowers who are defaulting on their student
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