According to the New York Times, for each student who defaults on a loan, at least two more fall behind in payments on their student debt, a new study has found. The Institute for Higher Education Policy, a nonprofit organization, said in a report that two out of five student loan borrowers were delinquent at some point in the first five years after they started repaying their loans. Almost a quarter of the borrowers used an option to postpone payments to avoid delinquency. The institute said the goal of its study was to develop a fuller picture of the debt...

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About the Author:

Meris Stansbury

Meris Stansbury is the Editorial Director for both eSchool News and eCampus News, and was formerly the Managing Editor of eCampus News. Before working at eSchool Media, Meris worked as an assistant editor for The World and I, an online curriculum publication. She graduated from Kenyon College in 2006 with a BA in English, and enjoys spending way too much time either reading or cooking.