New York Post
US · 1 hrs ago
✦ 78◉ Centre
Millions of student borrowers fall into default as payment collection resumes
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Accuracy 78/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Millions of US student loan borrowers defaulted on their loans as payment collection resumed following a pandemic-era pause, with the Federal Reserve warning of potential further delinquencies ahead.
Millions of student borrowers fall into default as payment collection resumes
Millions of student loan borrowers fell into default early this year – and a second wave of delinquencies could be on its way, the Federal Reserve Bank of New York said Tuesday.
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