Student Loan Debt Outpacing Other Debt Growth
The Federal Reserve Bank of New York announced in its Q1 2015 Household Debt and Credit Report, that total household debt reached $11.85 trillion, up only $24 billion from last quarter.
The Federal Reserve Bank of New York announced in its Q1 2015 Household Debt and Credit Report, that total household debt reached $11.85 trillion, up only $24 billion from last quarter.
The Consumer Financial Protection Bureau today issued a request for information on various aspects of student loan servicing, signaling a potential future rulemaking on the subject.