FinanceHindustan Times
Why US student loan defaults have surged to record highs as 9.5 million borrowers struggle
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US student loan defaults have surged to record highs, with 9.5 million borrowers in default.
The surge follows the end of pandemic-era relief measures such as payment pauses.
The high default rate is raising fears of a worsening debt crisis in the US.
The story focuses on the financial impact on borrowers post-pandemic relief.
