Moody’s: Students have all but stopped repaying $1.6T
in student loans.
Total: $1.6T +200% in the last decade and +300% since 2006.
Annual repayment rates have been just 3%
Only 51% of borrowers from 2010-12 have made any progress in paying down balances.@DiMartinoBooth
— Reminiscences of an American Capitalist (@4Awesometweet) January 16, 2020