Friday, December 14, 2012

Nearly 1 in 6 Student Loan Borrowers in Default


Martin, Andrew (2012, Dec 13) Building a Showcase Campus, Using an I.O.U. The New York Times http://www.nytimes.com/2012/12/14/business/colleges-debt-falls-on-students-after-construction-binges.html?_r=0&nl=todaysheadlines&adxnnl=1&emc=edit_th_20121214&adxnnlx=1355497305-twY9ewMbhIUSOcaohzESRw&pagewanted=all

"Nearly one in every six borrowers with a student loan balance is in default."

Majia here: I wonder how big the derivatives bubble based in student loans is?


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