Ukrainian Law Blog
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Saturday, February 17, 2018
The Rise of the Jumbo Student Loan
Most students with loan balances exceeding $50,000 in 2010 had failed to pay down any debt four years later
During the housing boom of the 2000s, jumbo mortgages with very large balances became a flashpoint for a brewing crisis. Now, researchers are zeroing in on a related crack but in the student debt market: very large student loans with balances exceeding $50,000.
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