Student Loans Drive US Delinquency Rate to Highest Since 2020
Graduates listen to a commencement speaker during a university graduation ceremony.
Photographer: Daniel Acker/BloombergSubscribe to Economics Daily for the latest news and analysis.
The share of outstanding US consumer debt that’s in delinquency rose in the first quarter to the highest in five years, reflecting an end to the pandemic-era pause on reporting delinquent student loan payments on credit reports.