Home | September 2010News | Student loan defaults continue to rise |
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Student loan defaults continue to rise
- Student loan defaults continue to rise
- September 18, 2010
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Credit card delinquencies and charge-off rates have steadily declined in recent months, but the same cannot be said for student loans. The most recent information reveals the national student loan default rate for fiscal year 2008 rose to 7 percent, up from 6.7 percent in 2007, according to the Department of Education.
- View more at: http://www.credit.com/news/credit-debt/2010-09-15/student-loan-defaults-continue-to-rise.html
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