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​Over 9 Million Student Loan Borrowers Delinquent After Payment Pause Ends

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the staff of the Ridgewood blog

Ridgewood NJ, the conclusion of the COVID-19 student loan payment pause has led to a significant rise in delinquencies among borrowers. According to the Federal Reserve Bank of New York, approximately 9.7 million student loan borrowers became past due on their payments following the expiration of the payment pause in September 2023.

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