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Almost 5 Million Borrowers in Default on Student Loans
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Almost 5 Million Borrowers in Default on Student Loans

Almost 5 Million Borrowers in Default on Student Loans

Todd Anderson·
FintechNews RoundupUSA
·Dec. 14, 2017·1 min read

About 4.6 million people are currently in default on student loans which is more than double the number from 4 years ago; the number grew by almost 275,000 borrowers in the third quarter alone; even as the economy grows and there is a multitude of options available to borrowers more people fall behind. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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