5 ms·
It's a problem if students can't pay for their student loans. If nearly '40%' of borrowers are expected to default on their student loans, then there will be al
by wpdev_63 8y ago
It's a problem if students can't pay for their student loans. If nearly '40%' of borrowers are expected to default on their student loans, then there will be alot of universities shutting down in the near future and there will be ripple effects in the economy[0].
[0]:https://www.cnbc.com/2018/08/13/twenty-two-percent-of-student-loan-borrowers-fall-into-default.html https://www.cnbc.com/2018/08/13/twenty-two-percent-of-studen...