Pain points
2.6M student borrowers default in Q1 alone, average age 40
New York Fed: Q1 2026 saw 2.6M defaults, cumulative tally now 7.7M borrowers and $181B in arrears. SAVE plan cancellation signals further July shock.
Primary sources · 2
New York Fed: Q1 2026 saw 2.6M defaults, cumulative tally now 7.7M borrowers and $181B in arrears. SAVE plan cancellation signals further July shock.
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