Beyond the types of consumers and you can associations with it, financing models and you will loan performance has altered in alarming ways

Beyond the types of consumers and you can associations with it, financing models and you will loan performance has altered in alarming ways

Although not, the paper stresses the newest shipping from loan balance plus the perception out of high-equilibrium borrowers into payment

The rise when you look at the borrowing one of scholar, mother, and you may highest-equilibrium undergraduate individuals has many distressful similarities towards the boost in credit within to own-profit and societal a couple of-12 months people colleges one to contributed to highest pricing out-of standard. (more…)

Continue ReadingBeyond the types of consumers and you can associations with it, financing models and you will loan performance has altered in alarming ways