Student Loan Delinquencies Drop Unexpectedly | Albuquerque News

Student loan delinquency just hit a historic low—down from 12.9% to 7.8%—while other major debts like mortgages and credit cards climbed or stayed flat. Total U.S. household debt dipped by $13 billion, but housing still dominates the pile. The drop? Thanks partly to new reporting rules under the One Big Beautiful Bill Act, which introduced income-based repayment plans like the Tiered Standard and Repayment Assistance Plan. Plus, a landmark court ruling just wiped out $11 billion in federal student loans for over 170,000 borrowers who were scammed by their schools. It’s a turning point—but with big changes still unfolding, this is one debt story worth watching closely. 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/bbe4011d3a4eb2ca