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Soaring student loan delinquencies signal risks to banks
Serious delinquencies on student loans jumped tenfold at the start of 2025, shortly after lenient pandemic-era policies came to an end. The greater pressure on consumers' wallets is a cause for concern at banks that rely on borrowers' ability to repay their debts.
21hon MSN
Millions of borrowers who are late on their student loan payments now face "grave consequences" as collection activity ...
Some 4.3 per cent of debt was delinquent in the first three months of this year, the most since 2020 and up from 3.6 per cent ...
TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers is at risk of defaulting.
Some 8% of student loans in the first three months of the year were 90 or more days delinquent versus 0.8% in the fourth ...
As student loan repayments continue, many borrowers are grappling with the challenges of managing their debts.In New York ...
“The current rate of delinquency represents the highest figure ever recorded,” TransUnion reports. And it could be more widespread than it looks. “More than one in five student loan ...
Now, approximately 1.8 million delinquent borrowers will be placed on repayment plans, and loans in default will be sent to ...
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