NAICU - Quarterly FICO Survey Says Student Loans to be Next Casualty of Sluggish Economy

New College Affordability Measures

Initiatives being launched in 2012-13 to help keep students' and families' out-of-pocket costs as low as possible. Tuition cuts and freezes, three-year degree programs, and more. Complete list.

NAICU Statement on President Obama's Higher Ed Proposals

NAICU President David Warren commends the president's commitment to student assistance, and calls for avoiding unintended consequences for students. More

Net Tuition Price Falls 4.1% at Private Colleges

Inflation-adjusted net tuition and fees at private colleges actually dropped 4.1 percent in the last five years, according to a recent College Board report. More

News Search of the Week

Here's what the media are saying about:

Commencement

. . . 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.

Banner images provided by Lyon College.

Home

News Room

Quarterly FICO Survey Says Student Loans to be Next Casualty of Sluggish Economy

LoanSafe.org

January 12, 2012

FICO's quarterly survey of bank risk professionals found growing concern for the stability of the student loan market and deepening fears about the nation's housing sector. The survey, conducted for FICO by the Professional Risk Managers' International Association (PRMIA), shows that bankers expect delinquencies on most types of consumer loans to rise, balances on credit cards to grow, and global economic forces to put increasing pressure on the U.S. economy. Student loan debt now exceeds credit card debt in the U.S.

Related Material

Read the full article...