One woman saw her debt rise by thousands of dollars after receiving a notice from the loan servicer Mohela indicating ...

Student loan delinquencies have surged since a pause in reporting has concluded, with millions facing credit score declines, according to a New York Federal Reserve report.

The Advocate highlights social inequality through original stories and opinions, and content generated by fellow NNPA and other publications ...

The New York Fed also said that while the surge in ... 10 percent of balances and roughly six million borrowers either past due or in default." "The ramifications of student loan delinquency ...

Sen. Elizabeth Warren (D-Mass.) warned Tuesday that millions of borrowers face "a financial scarlet letter" as the Trump administration ends a five-year pause and restarts collections on defaulted ...

Meanwhile, student loan balances hit a record $1.63 trillion ... However, it remains to be seen whether the tariff-driven car buying surge will push up auto debt in the second quarter.

Credit scores for millions of Americans have plummeted, impacting access to affordable loans and housing, particularly in D.C ...

The surge in student loan delinquencies was ... fell by $29 billion to $1.18 trillion over the same period. Student loan balances rose by $16 billion from the prior quarter to $1.63 trillion.

"After a five-year hiatus, student loan delinquency has returned to the pre-pandemic 'normal' with more than 10 percent of balances and roughly six million borrowers either past due or in default ...