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RECENT NEWS
The Economic Times  Mar 24  Comment 
It reminds of the far-reaching consequences that protectionist measures can have at a time when President Trump is putting shape to his America First policies.
Forbes  Mar 23  Comment 
The Trump administration issued its first directive on student loans. Find out if the new fees apply to your student loans.
Forbes  Mar 17  Comment 
Over 1.1 million student loan borrowers defaulted on their student loans last year. Why did one company have the lowest enrollment in student loan repayment plans and did it cause more student loan defaults?
The Hindu Business Line  Mar 15  Comment 
Public sector banks (PSBs) no longer have the luxury of default fall-back on the government for capital, SBI Chairman Arundhati Bhattacharya has cautioned. The SBI chief observed that the governme...
Wall Street Journal  Mar 14  Comment 
More than 3,000 people a day defaulted on their federal student loans in 2016, new government data show, underscoring persistent problems in the way the government and families finance higher education in the U.S.




 

Default refers to the failure to pay his or her debt on a timely basis or to comply conditions of an agreement or an obligation. Some example of default are loan defaults which the borrower does not pay back his loan on the date agreed with the bank.

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