Student loan debt has taken over national conscience because of
the large aggregated debt that current college students have obtained (an estimated $ 1 trillion — or 1,000 billion).
Not exact matches
(See Making Student
Debt Less Sticky) While the very uniqueness of each loan and each employee's situation makes it inefficient and uneconomical for any one business to take on the problem, in the
aggregate this problem is a
large source of growing concern for more than 40 million student and parent debtors (as well as their employers).
In addition,
large, broad - based indexes such as the Barclays
Aggregate Bond Index have become less diversified over time, and now are dominated by U.S. government and agency
debt.
With multiple companies offering a commercial service to collectors to identify consumers enrolled in
debt settlement programs through the use of an
aggregated database of
debt settlement consumers, many buyers and collectors have developed a hybrid strategy of working directly with a few
large debt settlement companies while also scrubbing collection files and submitting offers through third party
debt settlement account aggregators.
However, much of the
aggregate debt is concentrated among those owing relatively
large amounts.
Led by a $ 152 billion increase in residential mortgage
debt, this increase in
aggregate household
debt was the
largest quarter - over-quarter increase since the third quarter of 2007.