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Nevada Student Loan Crisis Deepens | Reno News
Nevada’s student loan crisis is exploding — over 90,000 residents are now in default, more than a quarter of all borrowers. Nationwide, 9 million people are behind, and the numbers keep climbing. Public colleges see 16% default rates, but for-profit and trade schools hit 30% — with some Nevada schools like the Milan Institute at a shocking 46%. The end of the 2024 payment pause, combined with soaring costs and economic chaos, has trapped borrowers in a cycle of debt. Relief efforts have stalled — Biden’s plan was blocked by the Supreme Court, and past legislation made repayment harder. With…
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