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Student Loan Borrowers See Credit Scores Drop
Student Loan Borrowers See Credit Scores Drop

The Wall Street Journal and other news outlets reported that student loan borrowers' credit scores are dropping. Here's a look at the current situation: Bad News: Credit scores of student loan borrowers have dropped Approximately 43% of federal student loan borrowers...

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Record High Student Loan Defaults Are Coming
Record High Student Loan Defaults Are Coming

The warnings have been sounded. As we highlighted in previous blogs, the end of the three-year pandemic era payment pause, ongoing borrower confusion, federal servicer limitations, and economic pressures have created a perfect storm for a student loan default crisis....

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Student Loan Delinquency 3x Higher Than Pre-Pandemic
Student Loan Delinquency 3x Higher Than Pre-Pandemic

The return to student loan payments has been rocky, with millions of borrowers now delinquent. Approximately three million student loan borrowers are over three months behind on their payments. According to the National Student Loan Data System (NSLDS), the federally...

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Student Loan Default and Delinquency Consequences Return
Student Loan Default and Delinquency Consequences Return

Federal student loan payments officially resumed over a year ago, ending over three years of paused payments to provide borrowers relief during and following the COVID-19 pandemic. Beginning this month, the full consequences for late payments will take effect,...

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