30% of federal student loan borrowers have gone without food or medicine

[Moon_Walker]

• Thirty percent of federal student loan borrowers say they've gone without food or medicine due to their monthly bills, the Consumer Financial Protection Bureau finds.
• In addition to skipping necessities, 38% of people with federal student loans said they carried credit card debt that they wouldn't have otherwise, the bureau found.
• Around 44% of borrowers said their education debt delayed when they could by a home, and 26% said the debt pushed back when they'd start a family.
• "It's clear that many borrowers are struggling with repayment," said CFPB Director Rohit Chopra.

https://www.nbcnewyork.com/news/business/money-report/30-of-federal-student-loan-borrowers-have-gone-without-food-or-medicine-cfpb-finds/5981318/

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[Pavanonline]

13 hours ago, Moon_Walker said:

• Thirty percent of federal student loan borrowers say they've gone without food or medicine due to their monthly bills, the Consumer Financial Protection Bureau finds.
• In addition to skipping necessities, 38% of people with federal student loans said they carried credit card debt that they wouldn't have otherwise, the bureau found.
• Around 44% of borrowers said their education debt delayed when they could by a home, and 26% said the debt pushed back when they'd start a family.
• "It's clear that many borrowers are struggling with repayment," said CFPB Director Rohit Chopra.

https://www.nbcnewyork.com/news/business/money-report/30-of-federal-student-loan-borrowers-have-gone-without-food-or-medicine-cfpb-finds/5981318/

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