Student-Loan Defaults Surge, Putting Credit and Paychecks at Risk
About 9.5 million federal student-loan borrowers are in default. A temporary collections delay gives them time to act, but does not erase the debt.
About 9.5 million federal student-loan borrowers are in default. A temporary collections delay gives them time to act, but does not erase the debt.
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Federal data show about 9 million borrowers in default, while AP finds roughly 9.5 million. New plans offer options, but default risks remain.
About 93,000 people living in Nevada are more than 360 days delinquent on federal student loans, owing more than $2 billion. Here is what default can mean and which federal options may help.