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Americans Are Ignoring Their Student Loan Bills

Some borrowers say they are prioritizing essentials such as housing or groceries, while others refuse to pay as a form of protest.

Student loans are the last thing Stephen Jakubowski is worried about. And he can barely afford his rent and groceries, not to mention the payments on his credit card debt and personal loans. With his budget stretched, Jakubowski is ignoring his $10,000 in federal loans from a roughly two-year stint at San Diego Christian College more than a decade ago, joining millions of other former students who are skipping the bills.

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