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

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The US has around $1.3 trillion in non dischargeable loans to students; 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.

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.

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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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

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

The perilous condition of the student loan sector can be seen by looking at a few ominous pieces of data: The US has around $1.3 trillion in non dischargeable loans to students. Over 120 billion in student loans are already in default. 27% of students are a month behind on their payments*.

The Looming Last Gasp of Indoctrination? The inevitable collapse of the student loan "market" and with it the take-down of many higher educational institutions will be one of the happiest and much needed events to look forward to in the coming months/years. Whether the student loan bubble bursts on its own or implodes due to a general economic collapse, does not matter as long as higher.

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