Over 12.5 Million Federal Student Loan Borrowers at Risk of Default by End of 2026
Federal student loan defaults are rising sharply as over 12.5 million borrowers could be in default by the end of 2026 if current repayment issues persist, according to recent data from the Department of Education. Delinquency and default rates have continued to climb since payments resumed after a pandemic pause ended in October 2023.
Topics: defaults federal debt student loans