This massive increase in default rate of loans affected all the parties involved. (gokinfo.com)
He said regulators and bankers must be ready to deal with a significant increase in defaults. (macleans.ca)
In their analysis of three - year cohort default rates, Looney and Yannelis (2015) highlight the rapid increases in defaults among borrowers in the for - profit sector, and to a lesser extent among community college borrowers. (educationnext.org)