The number of student loan borrowers in default soared to a record 9.16 million in April after the government ended a four-year pause on collections that was instituted during the Covid pandemic, according to the latest data from the US Department of Education.
The number of student loan borrowers in default soared to a record 9.16 million in April after the government ended a four-year pause on collections that was instituted during the Covid pandemic, according to the latest data from the US Department of Education.
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