8 Million Student Loan Borrowers in Default
US News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Student Loan Defaults Surge: Millions Struggle as Relief Programs End
The U.S. Department of Education reports a staggering 7.7 million federal student loan borrowers defaulted last year, totaling $181 billion. As pandemic relief programs wind down, millions are back in repayment, struggling with tough choices and skyrocketing tuition. Advocates call for wider fixes as lawmakers debate solutions.
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