Record Surge in Past-Due Student Loans Adds to US Debt Burden

The share of US consumer debt in serious delinquency rose in the second quarter to the highest level since early 2020, reflecting a record surge in past-due student-loan debt. Some 3% of debt was at least 90 days delinquent in the April-to- https://news.bloomberglaw.com/bankruptcy-law/record-surge-in-past-due-student-loans-adds-to-us-debt-burden