Last year was not the most glowing year for student loans, reputation-wise. The Consumer Financial Protection Bureau’s release of numerous negative comments from the public on their experiences as private student loan borrowers, comparisons of student loans to the burst mortgage bubble and the fact that national student loan debt...
White paper says TransUnion finds delinquency rate at 5.33% for all private student loans; Callahan says rate is 1.45% at credit unions.
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Low yields, a "back to the drawing board" rethinking of how income statements are managed and new challenges to the credit union business model have left some wondering how to navigate through it all.