A substantial fraction of borrowers owe less than $5,000. Who do you think is represented in this debt range
and why might the number of borrowers in this range be so large?

Respuesta :

In the debt range, the number of borrowers in this range be so large because of the addition of students who haven't completed college and those who haven't yet repayed their loan.

What is a debt?

It should be noted that debt simply means an obligation that requires a debtor to pay the creditor.

In this case, the number of borrowers in this range be so large because of the addition of students who haven't completed college and those who haven't yet repayed their loan.

Learn more about debt on:

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