Relevant:
- Private Student Loans: The Subprime Mortgages of the College WorldÂ
- The Student Loan Swindle
- The U.S. Student Loan Implosion: By The Numbers
- Young Professionals With Student Loan Debt - Priced Out Of The Market
- The looming student loan bubble -- Almost half of all student borrowers were not making payments.
2012-10-24 — propublica.org
The parallels between the mortgage market and the student loan industry have been frequently noted. Both involve big borrowing and have a history of lax underwriting by lenders. But the two are also strikingly similar in another way: When it comes to both mortgages and student debt, the servicers, or companies that handle loan payments, sometimes add roadblocks and give struggling borrowers the runaround.
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