Nearly 1-in-5 U.S. Adults are Distressed Student Loan Borrowers.
They had either stopped paying, or were paying but with increasing loan balances before the pandemic.
This article was updated on 2/16/23 *
There are about 43.4 million federal student loan borrowers. According to former Federal Student Aid Chief, Wayne Johnson, 85% of these borrowers were either not paying (over 50%), or were…