US Student Loan Defaults Hit 9.5 Million in March 2026
About 9.5 million federal student loan borrowers, roughly one in five, were in default as of March 2026, according to Education Department data.
As of March 2026, roughly 9.5 million federal student-loan borrowers were in default, representing about one in five borrowers.
The figure comes from U.S. Education Department data cited by The Washington Post.
Source: First Squawk