Default of student loans in India is around 8% which is about 1 Billion USD. Sou...

		agmohit01 on May 26, 2016 \| parent \| context \| favorite \| on: Apple Not Able to Open Stores in India Without Sel... Default of student loans in India is around 8% which is about 1 Billion USD. Source http://www.dnaindia.com/money/report-banks-learn-a-hard-less... Default of student loans in USA is around $1 trillion. Isn't this what is called comparing Apples and Oranges.