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The Independent UK
The Independent UK
Business
Graig Graziosi

Good news for student borrowers as delinquencies are down after the end of Biden-era SAVE plan

Student loan delinquencies are stabilizing, though past-due education-related debt still remains high, according to the Federal Reserve Bank of New York.

The agency put out a Household Debt and Credit Report on Tuesday that found that the rate of serious delinquencies among student loan accounts has been slowing down in the second quarter of 2026. That follows an increase in past-due bills following a pandemic-era pause on payments put in place by the Department of Education.

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