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Student Loan Defaults Surge Nationwide | Venice Beach News
Student loan defaults are hitting record highs as payments resume after pandemic relief, leaving 9.5 million borrowers — one in five — more than nine months behind. With over $233 billion in federal loans now in default, the fallout includes wage garnishment and mounting stress for working-class Americans, especially in Southern states like Mississippi. Rising costs, stricter repayment terms, and disparities between for-profit and public school borrowers are making the crisis worse — and it’s hitting real people hard across the country. Listen in comfort:Get a discount on a Soli Pillow…
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