Business

Student Loan Defaults Rise Again

Updated 2026-05-12 16:35 UTC 1 source Negative

More than 2.6 million student loan borrowers fell into default in early 2026, marking the first significant increase since the end of the pandemic and raising concerns about financial stability among young adults.

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CNBC
Student loan defaults are showing up on consumers' credit reports for the first time since the Covid pandemic, a new blog by the New York Fed shows.
2026-05-12 16:04 UTC
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