Millions of student-loan borrowers are getting a 'financial scarlet letter' that could risk their home purchases and job prospects, Elizabeth Warren says
Millions of Student Loan Borrowers Are Behind on Payments
The federal government has resumed reporting student loan delinquencies, significantly impacting borrowers' credit scores and risking economic slowdown.
Millions of student-loan borrowers are getting a 'financial scarlet letter' that could risk their home purchases and job prospects, Elizabeth Warren says
Sen. Elizabeth Warren warns that restarting student loan collections will negatively impact borrowers' financial stability, affecting home buying and employment opportunities.
Millions of Student Loan Borrowers Are Behind on Payments
The federal government has resumed reporting student loan delinquencies, significantly impacting borrowers' credit scores and risking economic slowdown.
What your credit score says about how, where you were raised - Harvard Gazette
A strong predictor of an adult's bill-paying habits is the environment in which they grew up, revealing lifelong differences in repayment behavior by early adulthood.
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According to the New York Fed, superprime U.S. borrowers-those with credit scores above 760-who carry unpaid student loan balances are expected to see their credit scores drop by an average of 171 points this spring.