Tuesday, October 30, 2018

The student loan debt crisis is getting worse. But that doesn’t mean it represents a systemic financial sector risk.


The Morning News https://ift.tt/2RSx1OO

Student loan debt currently has the highest 90+ day delinquency rate of all household debt. More than 1 in 10 borrowers is at least 90 days delinquent, while mortgages and auto loans have a 1.1 percent and 4 percent delinquency rate, respectively.

↩︎ Bloomberg

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