Student loan delinquencies are poised to hit record highs, and more than 9 million borrowers could see their credit scores tank in the first quarter of this year, according to new data released Wednesday.
The Federal Reserve Bank of New York released its latest biennial report that tracks student loan debt loads, delinquencies and related impacts to credit scores.
The latest report provides a snapshot of student loan activity after it was completely upended by the Covid-19 pandemic.
The 2025 Student Loan Update showed that an estimated 15.6% of federal
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