givesomefucks , 7 months ago

According to Creditnews Research’s Real-Time Student Debt Tracker, the total value of public and private student debt has crossed $1.73 trillion—with only $132 billion of that total forgiven by the Biden administration.

While student debt has been on a steep incline for nearly two decades, borrowers face renewed hardship following the resumption of loan payments this past fall. Per the tracker, roughly 2.4 million people—or 5% of total borrowers—have entered delinquency.