[SeekAndFind]

[Chode]

interesting... NY in in the over $25K debt range but the 7%-10% default range

[napscoordinator]

The states with the most debt make sense because they have the best colleges. The Red States are most delinquent which is depressing.

[Sooth2222]

"For-profit institutions had the highest average three-year default rates at 22.7 percent, with public institutions following at 11 percent and private non-profit institutions at 7.5 percent."

http://www.ed.gov/news/press-releases/first-official-three-year-student-loan-default-rates-published

I'll take a guess that "for profit" schools that advertise on late night TV are more common in the high debt/high delinquency states.

[Ethrane]

Would be more interesting to see a loan delinquency rate based on degree program.

I see a lot of kids who are borrowing extraordinary amounts to obtain a undergraduate degree in things like psychology or drama or poetry, without any decent hope of earning money in that field commensurate with the loan payback demands.

If the government was serious about getting loan money back, they’s adjust interest rates so that the most likely to default would pay higher rates.

[wonkowasright]

The fact that student loans cannot be discharged in bankruptcy is immoral. This program needs to be reformed.