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Student loan lenders brace for rise in defaults

Cite recession, and larger debt in the last year

By Jillian Jorgensen
Globe Correspondent / May 6, 2009

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WASHINGTON - As the most heavily indebted class of students in history graduates from college into one of the worst job markets in memory, holders of the nation's roughly $670 billion in student loans are bracing for an increase in the number of students who cannot pay them back. (Full article: 950 words)

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