Expect Defaults to Surge When Student-Loan Repayments Resume, Warns N.Y. Fed
[ad_1] Amid calls to extend the two-year pause on the repayment of federally held student loans, researchers at the Federal Reserve Bank of New York predict in a report released this week that borrowers are likely to struggle financially once forbearance ends, resulting in “a meaningful rise in delinquencies, both for student loans and for…