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U.S. Student loan debt statistics you should know in 2023

Credit Corp

Not only can you not declare bankruptcy on many forms of student loan debt, but it can also harm your credit. Department of Education shows how many Americans have debt by federal loan type. Department of Education shows how many Americans have debt by federal loan type. That’s 13 percent of the population. 2021 37 10.2

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Congress Passes Relief for Student Loan Borrowers in CARES Act

Titan Consulting

Benefits include the following: Suspension of Monthly Payments : The US Department of Education automatically suspended payments on outstanding federal student loans. Payment relief includes both direct and FFEL (Federal Family Education Loans) loans and lasts through September 30, 2020. How to Get the CARES Act Benefits?