Student loan consumers regarding the You.S. deal with significant pressures, as well as delinquency, default, and you may increasing balance, because they browse the causes of your own fees system. It statement is designed to assist light the things from which borrowers come upon troubles in order to identify steps you to policymakers takes to advertise successful fees among an incredible number of People in america having student loans.
In regards to the studies
Anywhere between , Pew presented 16 appeal organizations that have 152 borrowers around the 7 locations-Alexandria, Virginia; Detroit; Kansas Urban area, Missouri; Memphis, Tennessee; Miami; Phoenix; Portland, Maine; and you can Seattle. New boffins sorted professionals into the five quite overlapping groups based on self-advertised information regarding the payment skills (pick Contour step one and you may Appendix B):
