June 3, 2025
Financial Assets

2025 high school grads facing $40k in college student loans

Entering young adulthood saddled with debt has become standard for many who want an undergraduate degree, sometimes to the tune of tens-of-thousands of dollars. Around 45% of 2025 high school graduates will go on to a four-year college, according to NerdWallet analysis, and more than one-third of them will take on student loans to pay for their

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Financial Assets

Student loans in default soon to be sent to collections. What to know.

Student borrowers could see credit scores drop for late loan payments Nearly 9.7 million student loan borrowers will see drops in credit scores, according to the Federal Reserve. Straight Arrow News Student loan collections will resume May 5th after a five-year pause. Millions of borrowers risk wage garnishment, impacting social security and tax returns. Defaulting

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