Pain points × Macro

2.6M default on student loans; ACA premiums spike 21.7%; groceries up 2.9%

New York Fed reports 2.6M Americans entered student loan default in Q1 alone, bringing total to 7.7M borrowers and $181B in arrears. ACA marketplace premiums jump 21.7% average, pushing four-family annual costs toward $29K. April grocery prices surge 2.9% year-over-year and 0.7% month-over-month—biggest monthly move in four years—as diesel costs hit farmgate.

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