The looming student loan default crisis is worse than we thought

This report analyzes new data on student debt and repayment, released by the U.S. Department of Education in October 2017. Previously available data have been limited to borrowers only, follow students for a relatively short period (3-5 years) after entering repayment, and had only limited information on student characteristics and experiences. The new data allow for the most comprehensive assessment to date of student debt and default from the moment students first enter college, to when they are repaying loans up to 20 years later, for two cohorts of first-time entrants (in 1995-96 and 2003- ... Show more

Authors: Scott-Clayton, Judith

Published: Washington, District of Columbia, Brookings Institution, 2018

Resource type: Report, paper or authored book

Physical description: [10] p.

Access item: https://www.brookings.edu/research/the-looming-student-loan-default-crisis-is-worse-than-we-thought/

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