College graduates fly copter

The number of defaulted federal student loans hit a new high in 2016: about 8 million borrowers have given up paying on more than $137 billion in education debts.
That means at least one out of every six people who have any federal student debt haven’t made a payment on their loans for at least nine months, says Jessica Thompson, research director for The Institute for College Access and Success.
In fact, 1.1 million student borrowers defaulted for the first time in 2016, according to data released by the U.S. Department of Education on Friday.

Well, default is all the rage.