#default-rates
#default-rates

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Grace period for student loan payments ends

The end of the grace period for federal student loan borrowers may lead to increased default rates, compounding financial stress for millions.

The Education Department will restart collecting on defaulted student loans starting May 5 after a hiatus since spring 2020.

The end of the grace period for federal student loan borrowers may lead to increased default rates, compounding financial stress for millions.

The Education Department will restart collecting on defaulted student loans starting May 5 after a hiatus since spring 2020.