Just how can individual student loans enter default?

Just how can individual student loans enter default?

  • 25% off consumers standard on their finance within their very first five years out-of fees. ( Source )
  • Inside 2020, private student loan financial obligation improved of the $16.8 million otherwise fourteen% . ( Origin )
  • The newest annualized gross charges-from rate of private student loans was 0.97%. Continue reading “Just how can individual student loans enter default?”