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Student Loan Crisis Hits Millions | Dover News
Student loan defaults are exploding across the nation, with over 4.2 million borrowers falling behind since last April — many just now facing payments after the pandemic pause ended in fall 2024. As income-driven repayment plans shift, millions more are teetering on the edge, and experts warn of an impending wave of defaults. Missing nine months of payments triggers default, wrecking credit and risking wage garnishment. Real stories like Ashley Dreahn’s — who thought her loans were wiped out in bankruptcy only to discover they’d ballooned to nearly $95,000 — reveal how opaque and overwhelming…
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