Loan Study on Students Goes Beyond Default Rates

A nonprofit policy group tried to give a broader picture of students struggling with debt.

For each student who defaults on a loan, at least two more fall behind in payments on their student debt, a new study has found.

The Institute for Higher Education Policy, a nonprofit organization, said in a report that two out of five student loan borrowers were delinquent at some point in the first five years after they started repaying their loans.

Almost a quarter of the borrowers used an option to postpone payments to avoid delinquency.

http://www.nytimes.com/2011/03/16/education/16loan.html?ref=education

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Wednesday

March 16th, 2011

Staff Reporter EducationNews.org

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