Report: Pay Off Student Debt Like Social Security
In The News Piece in U.S. News and World Report
Dec. 17, 2014
But borrowers who default after being burdened by $100,000 in loans for a bachelor's degree aren't the norm. Previous research from the New America Foundation showed most defaulters have no degree, suggesting they've dropped out or are still enrolled in college. They also don't default on large amounts: The average amount in default per borrower is usually less than $15,000.