US EditionOver 9 million student loan borrowers past-due after bills restarted, Fed estimates
- More than 9 million student loan borrowers are past due on their loans, which could negatively impact their credit scores, according to the Federal Reserve Bank of New York.
- The 2025 Student Loan Update indicates that 15.6% of federal loans were past due at the end of the last year, setting a new record, involving about $250 billion in delinquent debt.
- Credit score deductions average 87 points for subprime borrowers and 171 points for superprime borrowers, demonstrating serious impacts from new student loan delinquencies.
- The burden of student loan debt is increasing, compounded by the Trump administration's actions that have complicated borrowers' abilities to manage their debt.
31 Articles
31 Articles
9.7 Million Student Loan Borrowers Delinquent After Pandemic Pause Ends, Fed Says - News Facts Network
Roughly 9.7 million student loan borrowers became delinquent on payments after the pandemic-era pause ended,... The post 9.7 Million Student Loan Borrowers Delinquent After Pandemic Pause Ends, Fed Says appeared first on News Facts Network.
Nearly 10 million student loan borrowers risk credit hit - Washington Examiner
Approximately 9.7 million student loan borrowers fell behind on their payments after the COVID-19 pandemic-era payment pause ended, according to a new estimate from the Federal Reserve Bank of New York. “After payments resumed, the volume of past due federal loans quickly returned to pre-pandemic levels and reached a new high of 15.6 percent by the end of the on-ramp period, with more than $250 billion in delinquent debt held by 9.7 million bor…
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