Falling Behind

It should come as no surprise that delinquencies on student loans have been on the rise given the dramatic increase in student loan debt outstanding.  As we can see from the graph below, the delinquency rate on student loan debt is now more than the rate on credit cards and mortgages and has been increasing since before the recession.  A large portion …

And You Thought Credit Cards Were Bad?

In an effort to make college more affordable, the Federal Government first made it easier to get a loan. This program has been so incredibly popular, that we now have amassed over $1.2 trillion in student loan debt. Now that we have all these educated students, they should be that much smarter that they have higher incomes to pay back …