Student-Loan Defaults Soared in Past Year, Report Shows

Cumming, Chris
March 2013
American Banker;3/28/2013, Vol. 178 Issue 48, p10
Trade Publication
The article reports student-loan defaults in the U.S. rose to $3 billion in the past year according to Equifax credit bureau's National Consumer Credit Trends report which analyzed data through February 2013. The article notes data for student debt outstanding, bankruptcies, and home-loan delinquencies. A press release from Equifax's chief economist Amy Crews Cutts is noted.


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