Students in Debt 

    Published March 05, 2012

    A recent report from the Federal Reserve Bank of New York showed that forty percent of the people under 30 had outstanding student loans, with an average debt amount of $23,300. A separate report on the topic showed that one-in-four student loans borrowers who entered repayment in 2005 became delinquent, with an additional fifteen percent defaulting on their loans.

    If you'd like to speak to someone about steps recent graduates can take to get their student loan debt under control, contact Jonathan B. Cox at 919-402-4499 or jcox@aicpa.org.



    A A A


     
    Copyright © 2006-2014 American Institute of CPAs.