Naicu
Another Highlight

News Search of the Week

Here's what the media are saying about:

President Obama's College Affordability/ Accountability Proposals

. . . or visit either our short list of hot topics or our full search-by-topic list to browse news and commentary on any of 100+ higher ed topics.



Another Highlight

User Login

Forgot Password?

Not a user? [Sign Up]

Busting the Myths about Private Colleges


NAICU debunks the major myths surrounding private nonprofit colleges and universities. Visit 9myths.org to get the facts!

Read More

Private Colleges Focus on Affordability


New campus affordability measures are helping to keep students' and families' out-of-pocket costs as low as possible. Tuition cuts and freezes, three-year degree programs, and more. Complete list



Banner images provided by Creighton University.




Print

E-mail

Student Loan Delinquency Hit $85B in Q3

Bloomberg News


March 5, 2012


About $85 billion in U.S. student loan debt, or 10 percent of the outstanding balance, was delinquent in the third quarter of 2011. Of the 37 million borrowers who have student-loan balances, 14 percent, or about 5.4 million people, have at least one past due student-loan account, according to a report posted today on the Federal Reserve Bank of New York's website. "The student loan delinquency picture is not fully captured in the broad statistics since a significant proportion of borrowers and balances are not yet in the repayment cycle," they wrote.


Add to Digg! Add to Delicious Add to Facebook Add to LinkedIn  Add to StumbleUpon Add to Twitter RSS