Why Lower House Prices Lead to Higher Student Loan Default Rates

Drops in housing prices during the Great Recession account for between 24% and 32% of the rise in student loan defaults during the same period, according to a working paper distributed this week by the National Bureau of Economic Research, a nonprofit economic research organization. The post Why Lower House Prices Lead to Higher Student Loan Default Rates appeared first on Real Estate News & Advice | realtor.com® ....(read more)

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