GAO's analysis of
characteristics of student loan debt using data from the Departments of Education (Education), Treasury, and the Social Security Administration (SSA) from fiscal years 2001 - 2015 showed that for older borrowers subject to offset for the first time, about 43 percent had held their student loans for 20 years or more.
Not exact matches
How changes in the
characteristics of borrowers and in the institutions they attended contributed to rising
loan defaults, Brookings Papers onn Economic Activity, https://www.brookings.edu/bpea-articles/a-crisis-in-
student-
loans-how-changes-in-the-
characteristics-
of-borrowers-and-in-the-institutions-they-attended-contributed-to-rising-
loan-defaults/; Susan M. Dynarski (2016), The trouble with
student loans?
How Changes in the
Characteristics of Borrowers and in the Institutions They Attend Contributed to Rising
Loan Defaults,» Brookings, Fall 2015, https://www.brookings.edu/wpcontent/uploads/2015/09/LooneyTextFall15BPEA.pdf; The share
of students currently in default is based on the author's calculation using U.S. Department
of Education, «Federal
Student Loan Portfolio,» 2017, https://studentaid.ed.gov/sa/about/data-center/
student/portfolio.
But the
characteristics of a private
student loan get even more specific.
The following table shows the percentage
of undergraduate private
student loan borrowers who do not borrow from the Stafford or PLUS
loan programs who have a given
characteristic.
How Changes in the
Characteristics of Borrowers and the Institutions they Attend Contributed to Rising
Loan Defaults,» Adam Looney of the U.S. Department of the Treasury and Stanford's Constantine Yannelis examine the rise in student loan delinquency and default, drawing on newly available U.S. Department of Education administrative data on federal student borrowing linked to earnings records derived from tax reco
Loan Defaults,» Adam Looney
of the U.S. Department
of the Treasury and Stanford's Constantine Yannelis examine the rise in
student loan delinquency and default, drawing on newly available U.S. Department of Education administrative data on federal student borrowing linked to earnings records derived from tax reco
loan delinquency and default, drawing on newly available U.S. Department
of Education administrative data on federal
student borrowing linked to earnings records derived from tax records.
Certainly a much higher number
of debtors who filed bankruptcy have some
of the very same
characteristics but never filed an adversary proceeding to get a full discharge
of their
student loans.
There is a misconception as regards to the
characteristics of private
student loans.
In the NPRM, the Department stated that it intends to collect and, where appropriate, publish information about the performance
of parent and graduate and professional
student PLUS
loans, including default rate information based Start Printed Page 63323on credit history
characteristics of PLUS
loan applicants and individual institutional default rates.
The Department will collect and, where appropriate, publish information about the performance
of parent and graduate and professional
student PLUS
loans, including default rate information based on credit history
characteristics of PLUS
loan applicants and individual institutional default rates.
The asset - backed securities issued by a Navient
Student Loan Trust listed herein are described in a Preliminary Prospectus and Prospectus Supplement containing information about the terms and conditions of the asset - backed securities, financial characteristics and servicing information related to the underlying student loan assets, trading information about the asset - backed securities, and other issuance d
Student Loan Trust listed herein are described in a Preliminary Prospectus and Prospectus Supplement containing information about the terms and conditions of the asset - backed securities, financial characteristics and servicing information related to the underlying student loan assets, trading information about the asset - backed securities, and other issuance deta
Loan Trust listed herein are described in a Preliminary Prospectus and Prospectus Supplement containing information about the terms and conditions
of the asset - backed securities, financial
characteristics and servicing information related to the underlying
student loan assets, trading information about the asset - backed securities, and other issuance d
student loan assets, trading information about the asset - backed securities, and other issuance deta
loan assets, trading information about the asset - backed securities, and other issuance details.
«However, the rapidly increasing burden
of student debt, approaching $ 1 trillion now, including both federal and private
student loans with very different
characteristics.»