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Student Loan Delinquencies Skyrocket: The Straw That Breaks The U.S. Consumer's Back

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    Posted by Two Blokes May 20 - Filed in General - #TwoBlokesTrading  - 5 views
    Student loan debt hit a record $1.6 trillion, with delinquencies spiking to 7.74% after pandemic-era payment pauses ended. The Department of Education is resuming aggressive collections on 5.3 million defaulted loans, causing confusion amid a 50% staff reduction.