Check out this stat from The Project on Student Debt: Unemployment among college grads aged 20 to 24 shot up to 10.6% in the third quarter, the highest 3Q this decade. By comparison, in 3Q08, the college grad unemployment rate was 7.6%.

So here’s the question: Are auto loan defaults among college grads growing at a faster clip than overall auto loan defaults? Here’s the rationale: People who have been in the workforce for a few years have probably managed to create some savings cushion that would keep them paying their auto loans even if they become unemployed or underemployed (when job hours are reduced). College grads, on the other hand, likely have little — if any — savings, so the tough job market could really strain their finances and force them into repossession — a real credit-buster.