US student loan write-offs hit $3 bln in 1st two months of year
March 25, 2013 at 18:45 PM EDT
WASHINGTON, March 25 (Reuters) - U.S. banks wrote off $3 billion of student loan debt in the first two months of 2013, up more than 36 percent from the year-ago period, as many graduates remain jobless, underemployed or cash-strapped in a slow U.S. economic recovery, an Equifax study showed.