Blog > Late student-loan payments are rising. Is a domino effect coming?

Late student-loan payments are rising. Is a domino effect coming?

by Kevin Wack

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The 90-day-plus delinquency rate on student loans hit 10.3% in the first quarter, and New York Fed researchers warn that a second wave of defaults could be coming. Evidence is mixed regarding the likely impact on other consumer-lending segments.

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