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Americans eased up on credit card and car debt to start the year, but new data shows student loan delinquencies surged.
Serious delinquencies on student loans jumped to about 8% after the first quarter of loan repayment data was reported.
U.S. student loan borrowers ran into trouble during the first quarter after the government lifted a long-running moratorium ...
The pandemic-era pause on reporting delinquent student loan payments on credit reports is over, and Fed data shows it's ...
Seriously delinquent student loans are at a record high just as involuntary collections resume. Many borrowers are at risk of ...
Delinquency trends are going from bad to worse, according to one analysis The toughest consequences of late student-loan payments and nonpayments have returned, and many borrowers are buckling ...
Millions of student loan borrowers saw their credit scores drop by more than 100 points after student loan delinquencies began showing up on credit reports again this year.
STORY: Millions of people in the U.S. are now at risk of serious financial fallout as the U.S. Department of Education ...
Delinquency can be resolved by catching up on missed payments or setting up a repayment plan. A loan is considered in default after 270 days (about 9 months) of non-payment on a federal student loan.
The toughest consequences of late student-loan payments and nonpayments have returned, and many borrowers are buckling — ...
as part of an ongoing return to pre-pandemic trends. Some 8% of student loans in the first three months of the year were 90 or more days delinquent versus 0.8% in the fourth quarter of 2024.
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