Rising Student Loan Delinquencies Signal Looming ‘Default Cliff’—What This Means for Investors and the Financial Market
The Student Loan Default Cliff: What Investors and Advisors Must Know Now The U.S. Department of Education’s restart of “involuntary collections” on federal student loans is sending shockwaves through the borrower community—and the financial markets that watch them. Recent data from TransUnion reveals a stark reality: as of April 2024, 31% of student loan borrowers…