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28 Dec 2023

40%

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%](https://thehill.com/homenews/education/4363503-40-percent-student-loan-borrowers-missed-first-payment-since-pause-officials/) 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.