TransUnion reported on June 24, 2025, that roughly six million federal student-loan borrowers are 90 days or more past due on their payments. This alarming figure indicates a significant portion of borrowers are struggling following the end of the pandemic-era reprieve on student loan payments.
Of these, nearly two million federal student loan borrowers are now at risk of having their wages garnished this summer. This development underscores the severe consequences of prolonged delinquency and the financial strain many consumers are experiencing.
The rising number of seriously delinquent borrowers highlights a critical challenge in the consumer credit market. For TransUnion, this trend emphasizes the importance of its data and analytics solutions in helping lenders and policymakers understand and address these evolving financial risks.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.