Student Loan Defaults Surge Nationwide | Miami News

Student loan defaults are hitting record highs as nearly one in five borrowers fall more than nine months behind—jumping from 5.3 million to 9.5 million since the pandemic pause ended. With over $230 billion in defaulted loans, consequences now include wage garnishment and Social Security seizures. Advocates blame soaring costs and broken repayment programs like SAVE, while for-profit college grads and Southern states face the worst hit. This crisis shows no sign of easing. 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/6bd02a9c83abe3af