YOUTUBE (NewsNation) - Student Loan Defaults Hit a Record High
Federal student loan defaults have reached a record high. Nine million borrowers have defaulted, which is up from 5.3 million in June of last year. NewsNation's Nick Smith reports.
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| Keywords | student-loanseducation-departmentgaous-governmentborrowersoversighthigher-educationfederal-oversightstudent-debtfinancial-riskloan-repaymentconsumer-protectionmacroeconomicsbankingus-economyscamsfraudfinanceusanewsnation |