Staggering Student Loan Defaults On Deck: 27% Of Students Are A Month Behind On Their Payments

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The student debt-serfs who paid for all the shiny new buildings and fat admin salaries with future earnings aren’t doing so well, either: "Staggering" Student Loan Defaults On Deck: 27% Of Students Are A Month Behind On Their Payment

Over 120 billion in student loans are already in default 27% of students are a month behind on their payments* As economic conditions deteriorate and there are even less meaningful jobs for college graduates than there are now, these numbers will only get worse.

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