Educational Lending - US - March 2014
“The student loan crisis continues, driven by the escalating cost of college as well as slow recovery, which is hindering graduates’ abilities to repay their loans. The government is beginning to take the problem seriously, and proposals to help solve the problem are being considered both to help students repay their loans and to make lenders more accountable for the loans they make.”
– Robyn Kaiserman, Financial Services Analyst
Some questions answered in this report include:
- How serious is the student debt crisis anyway?
- What can be done to lower the default rate?
- What is the long-term impact of so much student debt?
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