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Will there be 50B+ in student loan delinquencies in US?
This is the second installment of the Household Debt and Credit Report review of 2024. This post expands on the previous <link> takeaways to see how they are trending with this month’s …
The previous iteration of this report suggested that the lifting of the forbearance period for student loans would begin to show it’s head in Q2. In a new ruling < link> as of August 9th, the 8th Circuit Court delivered another hurdle to the current administration’s plan to forgive $475 billion in student loans. Future earnings later in August for companies like Affirm may lead to signals on how their loan portfolios are performing compared to other forms of credit.
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