Underwater on Student Debt: Understanding Consumer Credit and Student Loan Default

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dc.contributor.authorBlagg, Kristinen
dc.date.accessed2019-10-30en
dc.date.accessioned2019-12-19T19:56:59Zen
dc.date.available2019-12-19T19:56:59Zen
dc.date.issued2018-08-13en
dc.description.abstractA quarter million federal direct student loan borrowers see their loans go into default for the first time every quarter, and an additional 20,000 to 30,000 borrowers default on their rehabilitated loans. Using nationally representative data from one of the nation’s three credit bureaus and following student borrowers who entered repayment in 2012, this report sheds new light on who defaults. Of the cohort examined, more than 20 percent defaulted at least once within four years.en
dc.description.sponsorshipThe Urban Instituteen
dc.format.mimetypeapplication/pdfen
dc.identifier.sourceurlhttps://www.urban.org/sites/default/files/publication/98884/underwater_on_student_debt_0.pdfen
dc.identifier.urihttp://hdl.handle.net/10919/96138en
dc.language.isoenen
dc.publisherThe Urban Instituteen
dc.rightsCreative Commons Attribution-NonCommercial-NoDerivatives 4.0 Internationalen
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/4.0/en
dc.subjectstudent financial aiden
dc.subjectstudent loansen
dc.subjecteducation, higher--government policyen
dc.titleUnderwater on Student Debt: Understanding Consumer Credit and Student Loan Defaulten
dc.typeReporten
dc.type.dcmitypeTexten

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Higher Education Policy for Minorities in the United States