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5 million borrowers have now defaulted on their student loans — and data shows that number could soon double
The U.S. Department of Education (ED) released some dismal data in April. More than 5 million student loan borrowers had not made a payment in over a year and were in default. A further 4 million borrowers were in late-stage delinquency — meaning that within a few months, nearly 10 million borrowers could find themselves defaulting on their loans.
Millions of Americans are seeing their credit scores drop now that the U.S. government has resumed referring missed student ...
Student loan payment delinquencies are appearing on credit reports for the first time in more than 3 years, affecting credit ...
Millions of federal student loan borrowers face long-term damage to their credit scores after falling behind on payments ...
The Senate's version of Trump's big spending bill doubles down on condensing income-driven repayment plans and places caps on ...
More than 2 million Americans’ credit scores were dinged suddenly by student loan delinquencies. Now they’re struggling to navigate pricier loans and housing uncertainty.
The Education Department has announced it will not garnish Social Security checks to recover defaulted student loan debts.
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