Daily Three: Delinquent and Defaulted Student Loans, More Quits than Layoffs and Perspective on Recent Housing Price Increases
- In the first quarter of 2016 11% of student loans are 90+ days delinquent or in default Federal Reserve Bank of New York
- The gap between quits layoffs continues to increase FRED
- Since the start of 2012 the purchase only house price index has increase by 27% while average hourly earnings have only risen by 9%.
