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Student Loan Defaults Surge – What Borrowers Should Know

August 13, 2026 admin Comments Off

Federal student loan default rates are skyrocketing, according to recent reports. And the consequences could be dire for borrowers. Approximately 9.5 million Americans (the equivalent of 1 in every 5 borrowers) are in default on their federal student loans. The numbers skyrocketed during the last year after Republican lawmakers in Congress and the Education Department…

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