Student loan debt has increased greatly in recent years, as have the default rates on that debt. Rising tuition rates, federal subsidies, and securitization contributed to the increase, but new regulations may lead to significant changes for both lenders and borrowers.
National Postsecondary Student Aid Study. U.S. Department of Education, National Center for Education Statistics.
Gillen, Andrew. “A Tuition Bubble? Lessons from the Housing Bubble.” Center for College Affordability and Productivity, 2008.
Integrated Postsecondary Education Data System. U.S. Department of Education, National Center for Education Statistics.
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