Student loan delinquencies spiked in the first quarter of 2025 as the federal government resumed reporting overdue payments to credit bureaus for the first time in nearly five years, marking the end of a pandemic-era pause on repayment of student debt.
The Federal Reserve Bank of New York reported on May 13 that the share of student debt that is 90 or more days past due surged to 8 percent, up from 0.8 percent in the previous quarter.
