Most Student-Loan Borrowers Made No Payment During US Freeze

Most Student-Loan Borrowers Made No Payment During US Freeze
Students at an outdoor university commencement ceremony. Dreamstime
Tribune News Service
Updated:
By Alex Tanzi From Bloomberg News

A majority of borrowers who together hold about $400 billion in federal student debt made no payment on their loans in the pandemic era, taking full advantage of a freeze put in place at the onset of the COVID-19 crisis.