Stat's All, Folks!
Moody's Talks - Inside Economics
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Rising Student Loan Delinquencies: Economic Impacts
This chapter examines the surge in student loan delinquency rates following the end of the payment moratorium in fall 2023, revealing alarming statistics from credit bureaus. It discusses how these delinquencies, particularly among older borrowers, affect household financial health and broader economic implications like GDP impact. Furthermore, the chapter highlights the ripple effects on consumer credit and the housing market, especially among lower-income borrowers.
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