Millions face student loan defaults as delinquencies spike in 2025, damaging credit scores and triggering wage garnishment.

I wasn't too surprised that a new study by TransUnion showed that more than 20% of federal student loan borrowers were late on their payments by 90 days or more -- also known as delinquent -- as ...

Student loan delinquencies have spiked sharply in early 2025 after a five-year pandemic-related reporting pause ended, ...

driven by the resumption of student loan reporting. A separate analysis by TransUnion found that consumers who faced default in recent months have seen their credit scores fall by 63 points ...

However, the debt outlook for millions of student loan borrowers was much grimmer ... and head of global research and consulting at TransUnion, told CNN Business in an interview.

The personal finance company used data from TransUnion as of October 2024 showing median student loan balances by the median earnings of adults over age 25 with a bachelor’s degree. It ranges ...