A few weeks ago, we released new estimates on the size of the student loan market, which is approaching $1.2 trillion, with federal student loans crossing the $1 trillion mark. While there’s been a lot of discussion about changes to federal student loan interest rates on new loans, many of you have asked: what’s happening […]
Continue ReadingUndergrads Around the World Face Student Loan Debt
AMERICAN STUDENT LOAN debt has ballooned to more than $1 trillion and more than 7 million borrowers are in default, according to reports by the Consumer Financial Protection Bureau. This problem isn’t unique to the United States, though. College students in countries such as Britain and Japan are taking on student loans to finance their […]
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