More than 40% of student borrowers aren’t making payments

student loansBy Josh Mitchell | The Wall Street Journal

New figure raises worries that millions of them may never repay more than $200 billion owed

More than 40% of Americans who borrowed from the government’s main student-loan program aren’t making payments or are behind on more than $200 billion owed, raising worries that millions of them may never repay.

The new figures represent the fallout of a decade-long borrowing boom as record numbers of students enrolled in trade schools, universities and graduate schools.

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