U.S. Student loan debt statistics you should know in 2023
Credit Corp
MARCH 21, 2023
The following are some consequences of going into default: The entirety of the loan and the interest is due immediately You lose the ability to obtain additional federal student aid It will harm your credit score The state with the highest borrower delinquency rate, `per the Federal Reserve of New York, is Maryland at a rate of 11 percent.
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