Next ‘Subprime Crisis’ Expands As Student Loan Defaults Hit $146 Billion, Highest Default Rate Level Since 1995

- Next “Subprime Crisis” Expands As Student Loan Defaults Hit $146 Billion, Highest Default Rate Level Since 1995 (ZeroHedge, Oct 1, 2013): Almost exactly one year ago we wrote “The Next Subprime Crisis Is Here: Over $120 Billion In Federal Student Loans In Default” in which we took the latest (2009 three year cohort) loan [...] continue reading world news