Relevant:
- Mortgage Crisis Spreads Past Subprime Loans
- Household debt rises by $116 billion as credit-card delinquencies pile up
- The sound of rumbling from the student debt bubble -- Jump in consumer credit last month came mostly from student debt growth. For two decades student debt expanded at a rate above 17 percent per year.
- Student Loans Take the Place of Home Equity
- Subprime Auto Delinquency Is Near Crisis Levels at Non-Bank Lenders
2012-05-31 — zerohedge.com
``90+ day delinquency rates for student loans steadily increased from 6.13 percent in the first quarter of 2003 to its current level of 8.69 percent. They remain higher than that of mortgages, auto loans and home equity lines of credit...''
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