A Portrait of the Student Loan Borrower: Older, Deeper in Debt, More Likely Delinquent

The student loan debt crisis is worsening in ways that go well beyond the size of the debt that has ballooned to more than $1.4 trillion, according to a new report from the Consumer Finance Protection Bureau (CFPB). (Related: Who’s to Blame for the Rise in Student Loan Debt and Defaults?) More than 40% of borrowers…