Study Finds Higher Rates of Student Loan Borrowing, Fewer in Repayment

Students who completed an undergraduate program in 2007-8 were more likely to borrow money to pay for college but less likely to be repaying those loans within a year of graduation compared with their counterparts who graduated in 1992-93 and 1999-2000, a new federal report shows.
The report, released Thursday, analyzes the borrowing and repayment trends of bachelor’s degree recipients within a year of graduation for three cohorts of students. Read more...