Sunday, March 25, 2012

$270 Billion in Student Loans are at Least 30 Days Delinquent

This is not good, folks!  Fitch Rating Service believes several macroeconomic factors are putting pressure on student loan borrowers. The main ones are unemployment and underemployment. However, no need to worry about these student loans if they should default, because the American taxpayers have it all covered, as usual.  Aren't those taxpayers great to have?

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