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All posts tagged "Private Loans"

Trump reverses protections for Americans with crippling student loan debt

Trump reverses protections for Americans with crippling student loan debt

One of the biggest obstacles to a healthy U.S. economy continues to be student loan debt, which an increasing number of people are defaulting on. Millions of people had not made a payment on $137 billion in federal student loans for at least nine months in 2016. That’s a 14 percent increase in defaults from the previous year.