Sentences with phrase «outstanding private student debt»

Much of the outstanding private student debt was amassed before 2008 when credit standards were less stringent and lenders targeted the education market often through direct marketing to students.

Not exact matches

Coupled with the $ 864 billion in outstanding federal student loan debt the consumer watchdog estimated earlier this year, the $ 150 billion private debt load brings the total student loan toll well over the $ 1 trillion mark.

If a friend or relative has co-signed on a debt for you — private student loans, for example, or a car loan or mortgage — they could be on the hook for the amount outstanding if you were to die.

37 million borrowers who currently are, or were, students have an outstanding loan balance, with federal and private student loan debt looming at or more than one trillion dollars.

The Federal Reserve Bank of New York, which issues quarterly reports on household debt that include both private and federal student loans, estimates that about 11 percent of the balance of outstanding student loans is at least 90 days delinquent.

MeasureOne, a higher education data and analytics company, found that as of the third quarter of 2016, private student loans accounted for 7.5 percen t, or roughly $ 102 billion, of total outstanding student loan debt.

According to LendEDU, there is currently over $ 165 billion in outstanding private student loan debt.

New York Senator Chuck Schumer announced today that he would push for legislation — called «Andrew's Law» — that would require private student loan companies to forgive outstanding debt if a borrower dies.

Students» outstanding private educational debt went up from just $ 55.9 billion in 2005 to over $ 150 billion today, according to the Consumer Financial Protection Bureau.

This clock reports an estimate of current student loan debt outstanding, including both federal and private student loans.

Furthermore, the total amount of outstanding private student loan debt in the U.S. is over $ 165 billion.

Since an all - time low for outstanding private student loan debt in 2010 - 2011, the amount is now up by 49 percent.

Millions of borrowers owe more than $ 1.4 trillion in outstanding student debt, spanning public and private loans from a multitude of lenders.

Sen. Sherrod Brown's (D - OH) bill would empower the Treasury Department to buy up privately - issued loans, which tend to have higher interest rates and worse default rates, and reduce rates on outstanding private student loan debt for many.

However, if you have any private student debt, you may be able to consolidate them with other loans that you have outstanding so long as you go to the private sector.