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Loan Modification

: Loan Modification & Home Loan News

Student Loan Default Rate Is Continuing to Increase

By Moe Bedard

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The default rate on federal student loans continued to rise last year, with the rate for students at for-profit colleges ? already the highest ? rising the fastest. Education Secretary Arne Duncan said Monday that the overall student loan default rate in the 2008 fiscal year, the latest period for which data is available, was [...]

Full post as published by Loan Modification & Home Loan News on September 15, 2010 (boomark / email).

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