New York, June 18, 2013 -- The private student loan default rate index will continue to fall year over year in 2013 with the pace of improvement continuing in the teens, as it has in the last four quarters, says Moody's Investors Service in its first-quarter performance report on the sector. The default rate index of non-federally guaranteed student loans in 2013 will still be higher than pre-recession levels, according to "Private (Non-Guaranteed) Student Loan Performance Improves Across All Measures."
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