Bradley K. Sherman
2013-02-04 13:53:09 UTC
Welcome to Obamaville!
Delinquency rates on student loans made in the past two years stand at
15 percent in the U.S. as recent graduates struggle to find
jobs
Bloomberg News: Average student-loan debt last year rose to $27,253
from $17,233 in 2005, and almost 60 percent of bank managers surveyed
in December expect delinquencies to worsen in six months, FICO
said.
“This situation is simply unsustainable and we’re already suffering
the consequences,” Andrew Jennings, chief analytics officer of Fair
Issac, said in the statement. “When wage growth is slow and jobs are
not as plentiful as they once were, it is impossible for individuals
to continue taking out ever-larger student loans without greatly
increasing the risk of default.”
http://www.moneynews.com/Economy/overdue-student-loans-Delinquencies/2013/01/30/id/488042
Why do Obozo and the DemoCRETINs hate America?
Delinquency rates on student loans made in the past two years stand at
15 percent in the U.S. as recent graduates struggle to find
jobs
Bloomberg News: Average student-loan debt last year rose to $27,253
from $17,233 in 2005, and almost 60 percent of bank managers surveyed
in December expect delinquencies to worsen in six months, FICO
said.
“This situation is simply unsustainable and we’re already suffering
the consequences,” Andrew Jennings, chief analytics officer of Fair
Issac, said in the statement. “When wage growth is slow and jobs are
not as plentiful as they once were, it is impossible for individuals
to continue taking out ever-larger student loans without greatly
increasing the risk of default.”
http://www.moneynews.com/Economy/overdue-student-loans-Delinquencies/2013/01/30/id/488042
Why do Obozo and the DemoCRETINs hate America?