
The Kobeissi Letter|Jul 09, 2025 20:40
This is concerning:
Currently, 27% of US student loan borrowers in households with an annual income of less than 49,999 are behind on payments.
Among families earning between 50,000 and 99,000, 21% are behind.
Even in households making over 100,000, 10% are delinquent.
Overall, a record 45 million people now hold a federal student loan, and the total student loan balance hit 1.8 trillion in Q1 2025, an all-time high.
Among all those required to make payments, 24% are delinquent.
The student debt crisis is real.
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