Student Loan News – October 11, 2013
Here are the best articles from around the web this week talking about student loans… For the week ending Friday October 11, 2013 Student Loan News: 1. SCO graduates show zero student loan defaults for 17th year: Student loan debt is the only form of consumer debt that has grown since the peak of consumer debt levels in 2008, according to the Federal Reserve Bank of New York. Balances of student loans have eclipsed both auto loans and credit cards, making student loan debt the largest form of consumer debt outside of mortgages. And while delinquency rates vary among age groups and over time, delinquencies are on the rise, particularly over the past year, according to the New York Fed. More details: http://www.bizjournals.com/memphis/news/2013/10/11/sco-graduates-show-zero-student-loan.html […]