Update on student loan borrowers during payment suspension
Updating a previous CFPB report, this blog documents increasing signs of financial strain through September 2022 among student loan borrowers who are expected to face monthly payments when federal forbearances end. It also tracks changes in other risk factors for which consumers are most likely to experience financial difficulties when the relief ends, depending on implementation of new debt cancellation proposals.
Thomas Conkling and Christa Gibbs, Office of Research Blog, Consumer Financial Protection Bureau
November 2022