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Monday, September 12, 2011

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whose first payments were due in 2009 are in default, almost double the rate for similar loans just four years ago. Why? Rising college tuition, lower graduation rates, and a poor job market.

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Read this article explaining that almost 9% of student loans whose first payments were due in 2009 are in default, almost double the rate for similar loans just four years ago. Why? Rising college tuition, lower graduation rates, and a poor job market.

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