Making Sense of Student Lending – Understanding Performance Gaps between Federal and Private Student Loans
When it comes to student loans, the hits just keep on coming. A recent report from TransUnion underscores the significant challenges faced by student loan borrowers and America’s biggest student lender — the Federal government.
According to the TransUnion study, reported student loan balances increased by 75% between 2007 and 2012, with the average student loan debt per borrower increasing 30% to $23,829. During that same time period, federal student loan delinquencies rose 27%...
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