A Trillion Dollar Question: What Predicts Student Loan Delinquency Risk?
Posted: 31 Oct 2015
Date Written: October 16, 2015
Over the past ten years, the real amount of student debt owed by American households more than doubled, from about $450 billion to more than $1.1 trillion. As a result of this increase, in 2010 student loan debt surpassed credit card debt as the largest class of non-housing consumer debt.
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