Credit Union Student Loans Detail
"The white paper notes that the 5.33% delinquency rate is high compared to that of other credit products such as auto loans, and stresses the importance of offering relief programs, such as graduate repayment options, along with private student loans. 'As with any loan product, planning for contingencies — like a recession — can protect the organization from the risk of loss while helping the member through a period of financial stress,' Jerving said. 'The goal is to foster a long-term, mutually beneficial relationship with the member.' In the white paper, Jerving argues that student loans, which have been compared to the burst mortgage bubble, are not a threat to the financial system because mortgages were held by financial institutions and comprised $8.1 trillion while student loan balances are mostly backed by the federal government and total $893 billion."
NASFAA's "Financial Aid in the News" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
"The white paper notes that the 5.33% delinquency rate is high compared to that of other credit products such as auto loans, and stresses the importance of offering relief programs, such as graduate repayment options, along with private student loans. 'As with any loan product, planning for contingencies — like a recession — can protect the organization from the risk of loss while helping the member through a period of financial stress,' Jerving said. 'The goal is to foster a long-term, mutually beneficial relationship with the member.' In the white paper, Jerving argues that student loans, which have been compared to the burst mortgage bubble, are not a threat to the financial system because mortgages were held by financial institutions and comprised $8.1 trillion while student loan balances are mostly backed by the federal government and total $893 billion."
NASFAA's "Financial Aid in the News" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
Credit Union Student Loans
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