✉news BusinessPersonal Finance first seen 6 h ago, last 33 min ago, peak #1
Treasury opens student loan support center as defaults hit 9.3 million
Original: Treasury launches student loan support center as new data show 9.3 million borrowers in default
The US Treasury Department has launched a new support center for student loan borrowers, announced alongside updated federal data showing 9.3 million borrowers are now in default on their loans. The initiative is aimed at helping struggling borrowers navigate repayment options, and the scale of defaults is drawing attention to mounting pressure on household finances.
Why now: Record-level student loan defaults are affecting millions of borrowers, making debt relief and repayment support a pressing financial topic.
US Treasury Departmentstudent loan borrowers
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- Treasury launches student loan support center as new data show 9.3 million borrowers in default · cnbc.com
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