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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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To: Jacob Snyder who wrote (43225)4/29/2013 10:43:52 AM
From: Wade  Read Replies (1) of 48092
 
That will apply to all of the fixed rate loans, including student loans.

"Consider this: The delinquency rate between 2005 and 2007 on loans issued shortly after October 2005 is 12.4%. Student loans that were taken out shortly after October 2010 have a delinquency rate of 15.1%–an increase of nearly 22%.

That’s according to a new study from FICO which analyzed 10 million credit files in search of trends in student lending–a segment of the credit industry that is larger than credit card and auto loan debt. Student loan debt is bigger with total outstanding loans exceeded $1 trillion for the first time in 2011 compared to credit card debt in the U.S. which stands at about $798 billion."

forbes.com
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