Almost 5 Million Borrowers in Default on Student Loans

About 4.6 million people are currently in default on student loans which is more than double the number from 4 years ago; the number grew by almost 275,000 borrowers in the third quarter alone; even as the economy grows and there is a multitude of options available to borrowers more people fall behind. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.