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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 has launched a new student loan support center, following fresh data showing that 9.3 million federal student loan borrowers are now in default. The move aims to give borrowers a single point of help for repayment options and resolving delinquency, as the number of Americans behind on their loans reaches some of its highest levels on record.
Why now: The scale of the default figures and the government's new support effort are drawing widespread attention to the student debt crisis.
US Treasurystudent loan borrowersUnited States
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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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