1 of 1
Story summary
- The New York Federal Reserve reports serious student loan delinquency reached 16.19% by the end of 2025, up from 0.7% a year earlier.
- As of September 30, 2025, 5.2 million Americans were in default on federal student loans.
- Under U.S. President Donald Trump, the administration tightened repayment options, despite the Biden administration's relief efforts.
- The Education Department has paused efforts to seize wages and tax refunds from borrowers in default.
