Default rate of student loans held by aging parents increases
beSpacific 2015-12-22
Summary:
Bloomberg – “Twenty-seven percent of education loans held by people age 65-74 were in default in 2013, meaning they hadn’t made a payment in 270 days or more. More than half of education loans held by people 75 and older were in default. And the government can garnish wages or suspend tax refunds for anyone […]