Student Loan Default Wave
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Student loan borrowersCNBC
•US Politics
US Politics
Student loan borrowers face 'default cliff' as late payments climb, report finds

87% Informative
Of the 5.8 million newly delinquent borrowers, nearly one-third could reach default status in July , TransUnion says.
Borrowers who are behind on their payments are also seeing their credit scores tumble.
"We don't think this represents the ceiling," TransUnion's Joshua Trumbull says.
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