default rate and loss given default of bank loans share a cyclical component, related to the business cycle. We infer this … cycle by a new model that distinguishes loans with large and small losses, and links them to the default rate and macro …

We research the response of the proportion of student borrowers with ninety or more days of delinquency or in default … United States, using panel data of 50 states from 2008 to 2015. The proportion of borrowers with delinquency or default was … average debt per borrower are statistically significant and contribute to increasing delinquency or default in the 50 states …