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Wisconsin Student Loans in Crisis | Milwaukee News

Student loan defaults are exploding in Wisconsin—with over 108,000 borrowers now behind for more than a year, a 50% jump since last fall. As the pandemic-era pause ended, unpaid loans triggered immediate consequences: credit crashes, rental and job hurdles, wage garnishments, and even license suspensions. The end of the SAVE plan has also forced many into higher, unpredictable payments, compounding economic stress. Students from for-profit schools—especially beauty schools—are hit hardest, facing repayment struggles far beyond those from public or nonprofit institutions. The system is…

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