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2.6 million student loan borrowers fell into default in early 2026: New York Fed

personal-finance CNBC By CNBC Tue, 12 May 2026 16:38:20 GMT 1 min read
2.6 million student loan borrowers fell into default in early 2026: New York Fed

Student loan defaults are showing up on consumers' credit reports for the first time since the Covid pandemic, a new blog by the New York Fed shows.

Student loan defaults are showing up on consumers' credit reports for the first time since the Covid pandemic, a new blog by the New York Fed shows.

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