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He echoed Cooper’s point that borrowers in default had “had a number of opportunities in the past…to get out of default.” Ricci’s group is “concerned” but noted there is a “lag time” with collections ...
The toughest consequences of late student-loan payments and nonpayments have returned, and many borrowers are buckling — including those who have a track record of paying their bills on time.
is restarting collections on defaulted federal student loan on Monday, as a new analysis shows that delinquency rates are higher than ever. Yu said there are no provisions that take into ...
This collections cliff arrives after a ... student loan debt collection. Student loan delinquency rates spiked once monthly payments resumed — one analysis found roughly 9 million borrowers ...
About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, according to a new analysis published Monday by TransUnion. Research from the ...
the extended lapse has prompted Trump administration officials to worry that the federal student loan portfolio is "headed toward a fiscal cliff if we don't start repayment in collections ...
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