+ Reply To This
Results 1 to 5 of 5
-
01-23-2017, 01:35 PM #1
- Posts
- 133
Troubling Student Loan Data
According to a Wall Street Journal report, the Department of Education had a coding error that has now been fixed. As part of this error, it is now revealed that only 46% of student loans are current. The rest are in some form of forbearance or default (including payment plan adjustment based in income).
This is a 20% drop from prior to this discovery.
And a troubling sign for our economy, since these debts cannot be discharged in bankruptcy.
Not great news to start they year.Current Fico Scores: 710 TU, 732 EQ
My Goal for 2016: 750+
-
01-23-2017, 05:31 PM #2
- Posts
- 10
What was the old number they though my were current?
-
01-24-2017, 09:10 AM #3
- Posts
- 28
Troubling, but not surprising. The tuition is too damn high.
-
01-24-2017, 02:01 PM #4
- Posts
- 133
-
01-24-2017, 04:25 PM #5
- Posts
- 14
so loans to regular college students perform as well as for-profit colleges at the end of the day?