Quote:
Originally Posted by dnobles
I worked in student loans. I’ve been retired 12 years and haven’t kept upon the changes. There is so much miss information in these post I don’t even know where to begin plus I don’t want to argue.
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First, be aware, the misinformation you speak of is the norm on this forum.
There actually is a group that openly hates facts.
Good news, FACTUALLY student loan default is down, and has been trending that way for some time. Hope that is correct information.
Student Loan Default Rate Continues to Decline
Problem, in my opinion is those loans taken in the past were great BUT what you can earn has not kept up with the cost of college costs.
Most don't think of debt as a bad thing (see US government), and I just read recently the default on car loans dwarfs default on college loans.