Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average
The NY Federal published its latest report on Household Debt and Credit for the first quarter: the report showed total household debt increased by $18 billion, just a 0.1% increase, in Q1 2026, to $18.8 trillion. Some details: Mortgage balances shown on consumer credit reports grew slightly by $21 billion during the first quarter of 2026 and …
Millions Of Student Borrowers Are Defaulting: They Are 40 Years Old On Average Read More »