Defaults surge on federal student loans as pandemic protections lapse
TL;DR Summary
AP News reports a rise in borrowers defaulting on federal student loans after pandemic-era protections expired, signaling increased borrower distress and potential policy implications for loan relief and repayment rules.
- A wave of student loan borrowers have entered default since pandemic-era protections lapsed AP News
- Nearly 300,000 North Carolina college-goers are in default, owing billions in student loans WRAL
- Meet a 40-year-old who filed for bankruptcy in 2022 but still can’t erase $94,000 in student-loan debt: ‘you’re just lost in the system somewhere’ Fortune
- Student loan defaults hit record $233 billion with 1 in 5 borrowers over 9 months behind Fortune
- AP Business SummaryBrief at 2:31 a.m. EDT Hastings Tribune
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