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Factoid - Tuesday, July 29, 2025
TransUnion reported that a record 31.0% of federal student loan borrowers were 90 days or more delinquent on their student loan payments as of April 2025, up from 14.8% in January 2025, according to Bloomberg. By contrast, the share of federal student loan borrowers in delinquency stood at 11.7% in February 2020 (pre-pandemic lockdowns). The spike in delinquencies is largely attributed to the cessation of a pandemic-era pause on payments. The Federal Reserve Bank of New York reported that Americans held a total of $1.63 trillion in outstanding student loan debt as of 3/31/25.
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Tuesday, July 29, 2025 @ 10:01 AM
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