Although the default rates have dropped from historic highs, the federal student loan default rate rose sharply during the «Great Recession» and generated headlines all across the nation. (lendedu.com)
This loan standard was brought up for the reason that for - profit colleges are more expensive than public colleges and they have higher student loan default rates than other colleges. (lizloans.com)
And that time may be sooner than most think as the latest student loan default rate stands at about 10 %. (thebrokeprofessional.com)