By the end of 1993, banks were carrying, on average, three times the proportion of past-due loans that they had at privatisation.

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The percentage of student loans more than 90-days past due is at an all time high in this country.

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About 27% percent of borrowers who have begun repaying their student loans are defined as delinquent, having at least one past-due student-loan account, according to the Federal Reserve Bank of New York.

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According to data from the FHA, the Wall Street Journal reported that the number of single-family loans insured by the FHA that are 90 days or more past due climbed to roughly 739, 000 in September.

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