(CNN)– Student loan delinquencies are on pace to hit record highs.
More than 9 million borrowers could see their credit scores tank in the first quarter of this year.
That is according to a new report released by the Federal Reserve Bank of New York.
The report tracks debt loads, delinquenci
es, and related impacts to credit scores.
The 2025 student loan update shows a record 15% of federal loans were past due at the end of last year, and more than $250 billion was delinquent.
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Tags: student loan
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