The looming student loan default crisis is worse than we thought

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Permanent URL for this page: http://hdl.voced.edu.au/10707/449110.

Author: Scott-Clayton, Judith

Abstract:

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...  [+] Show more

Subjects: Finance; Outcomes; Statistics

Keywords: Financial aid; Financial aspects; Graduates; Data analysis

Geographic subjects: United States; North America

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

Physical description: [10] p.

Access item:

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

Series: Evidence speaks reports; vol. 2, no. 34, 10 January 2018

Resource type: Report

Call number: TD/TNC 131.672

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