Student Loan Crisis Hits Hard | Savannah News

Student loan defaults are skyrocketing as pandemic pauses end, leaving millions drowning in debt—over 4.2 million fell behind between April last year and March this year, often after just nine months of missed payments. Borrowers face devastating consequences: ruined credit, wage garnishment, and mounting despair. Stories like Ashley Dreahn’s reveal how the system traps people—she thought bankruptcy solved her $95K debt, only to find it grew. Confusing repayment rules, soaring monthly bills, and inaccessible forgiveness programs like Public Service Loan Forgiveness leave borrowers overwhelmed and forced to choose between life-saving expenses and crushing debt. The federal government’s looming actions could worsen an already fragile economy. 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/56d976f044d9b87e