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Currently, about 9.5 million federal student loan borrowers are in default, which is approximately 20% of all borrowers. This situation reflects a significant number of individuals who have not made payments for over nine months.
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Currently, about 9.5 million federal student loan borrowers are in default, which is approximately 20% of all borrowers. This situation reflects a significant number of individuals who have not made payments for over nine months.
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A wave of student loan borrowers have entered default since pandemic-era protections lapsed
Approximately 9.5 million federal student loan borrowers are in default