Utah, Idaho Rank Among Top States for Declining Student Loan Delinquency
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Utah, Idaho rank among top states for declining student loan delinquency
LOGAN — Utah and Idaho rank among the nation's top states where student loan delinquency is falling the fastest, according to a new WalletHub analysis, suggesting borrowers in both states are making significant progress after the end of the pandemic-era…
According to a WalletHub report, the state of Wyoming is ranked first on the list, as the percentage of default is less than 59%
States Where Student Loan Delinquency Is Decreasing the Most
Over the past few years, student loan payments have come due with a vengeance (or at least with interest), as students have no longer been able to benefit from the multi-year payment moratorium started during the COVID-19 pandemic. As borrowers have adjusted to the return of monthly payments, student loan delinquency has begun to decline, helping more people avoid credit score damage and other consequences such as wage garnishment. To determine …
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