Student Loan Crisis Escalates | Irvine News

Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews Student loan defaults are exploding, with over 4.2 million more borrowers falling behind since last year—many hit hard when pandemic payment freezes ended in 2024. The government’s dismantling of the SAVE plan threatens even higher monthly payments, while missed payments for nine months trigger default, damaging credit and risking wage garnishment. Borrowers like Ashley Dreahn, who thought bankruptcy erased her debt, now face ballooning bills they can’t afford. Confusing loan transfers, shifting repayment rules, and conflicting advice leave people stranded, overwhelmed, and furious as the system crumbles under the weight of an economic crisis. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0792532847e5b316