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Default rate on college loans in Maryland rises to 7.8%

BY: Capital News Service
POSTED: September 18, 2011
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COLLEGE PARK — The percentage of college students in Maryland who defaulted on their federal student loans increased last year, as a tough job market for new grads put pressure on student borrowers. The percentage of borrowers in the state that defaulted on their federal student loans within the first two years of repayment rose [...]


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