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Trends and Insights

28 Dec 2023


Of Student Loan Borrowers Miss First Payment Post-COVID Pause

After a three-year hiatus due to COVID-19, student loan repayments [resumed with 40%]( of borrowers missing their first payment. The Department of Education cites that only 60% of the 22 million individuals managed to meet their obligations by mid-November, with over 4 million making payments for the first time.