We’re Frighteningly in the Dark About Student Debt

By Susan Dynarski. Imagine that a big, complicated company holds a huge portfolio of loans, many of which are in default or delinquency. The company’s leadership and some vocal shareholders demand a detailed review but receive a thin and incomplete report from the loan division. Financial analysts at headquarters want to scrutinize the data. But the loan division doesn’t turn it over. Without better data, the firm can’t move forward. Read more...