Rising Student-Loan Delinquencies Hurt Young Homebuyers
This article is for subscribers only.
More people borrowing for education are failing to pay off their loans.
Almost a third of student-loan borrowers in repayment were delinquent at the end of last year, up from about a quarter in 2008 and 20 percent in 2004, according to a report on household debt and credit today by the Federal Reserve Bank of New York.