A new report from the Urban Institute report provides the first look at the relationship between a borrower’s credit history and the probability of default. Using nationally representative data from one of the nation’s three credit bureaus and following student borrowers who entered repayment in 2012, new light is shed on who defaults.
The report can be obtained at https://www.urban.org/sites/default/files/publication/98884/underwater_on_student_debt.pdf.