CFPB Finds Percentage of Borrowers With $20K in Student Debt Doubled Over Last Decade
August 16, 2017
August 16, 2017
WASHINGTON, Aug. 16 -- The Consumer Financial Protection Bureau issued the following news release:
Today, the Consumer Financial Protection Bureau released a new data point finding that nearly half of student loan borrowers leave school owing at least $20,000 - double the share of borrowers a decade ago. The Bureau also found that more borrowers are taking out student loans later in life, and fewer borrowers are paying down their student debt in five years. Record student debt and a . . .
Today, the Consumer Financial Protection Bureau released a new data point finding that nearly half of student loan borrowers leave school owing at least $20,000 - double the share of borrowers a decade ago. The Bureau also found that more borrowers are taking out student loans later in life, and fewer borrowers are paying down their student debt in five years. Record student debt and a . . .