U.S. student loan debt sets record, doubling since recession

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UNITED STATES student loan debt outstanding reached a record $1.465 trillion in November. Bloomberg News data analysis found that loans disbursed in 2012 have defaulted at a faster rate than any other loan cohort since the financial crisis. / BLOOMBERG NEWS
UNITED STATES student loan debt outstanding reached a record $1.465 trillion in November. Bloomberg News data analysis found that loans disbursed in 2012 have defaulted at a faster rate than any other loan cohort since the financial crisis. / BLOOMBERG NEWS
NEW YORK - United States student loan debt outstanding reached a record $1.465 trillion last month and one particular set of borrowers is having a hard time paying back their loans, according to a Bloomberg analysis of student loan securitization data. This debt is raising fiscal risks. "Over 90% of student loans are guaranteed by the…

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