{"id":4686,"date":"2019-09-23T09:00:05","date_gmt":"2019-09-23T14:00:05","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=4686"},"modified":"2019-09-09T09:44:41","modified_gmt":"2019-09-09T14:44:41","slug":"americas-student-loan-burden-is-getting-bad","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=4686","title":{"rendered":"America&#8217;s Student Loan Burden is Getting Bad"},"content":{"rendered":"\n<p>The portion of households categorized as &#8220;severely derogatory&#8221; on payments is hovering at 2 percent, the same percent it has been at since 2015. The Federal Reserve Bank of New York categorizes &#8220;severely derogatory&#8221; as &#8220;any stage of delinquency paired with a repossession, foreclosure, or &#8216;charge off.'&#8221; Defaulted student loans constitute 35 percent of the roughly $250 billion severely derogatory outstanding balance. <\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignleft is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.foguthfinancial.com\/wp-content\/uploads\/College-financial-aid.png\" alt=\"\" width=\"133\" height=\"133\"\/><\/figure><\/div>\n\n\n\n<p>If you are in debt and would like to speak to an attorney, call our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The portion of households categorized as &#8220;severely derogatory&#8221; on payments is hovering at 2 percent, the same percent it has been at since 2015. The Federal Reserve Bank of New York categorizes &#8220;severely derogatory&#8221; as &#8220;any stage of delinquency paired &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=4686\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4686","post","type-post","status-publish","format-standard","hentry","category-general"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4686"}],"version-history":[{"count":1,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4686\/revisions"}],"predecessor-version":[{"id":4687,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4686\/revisions\/4687"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}