Over a Million Borrowers Defaulted on Federal Student Loan Debt Last Year

More than 1.1 million borrowers defaulted on their federal student loans last year

On average, more than 3,000 borrowers default on their federal student loans every day. The number of people who have defaulted on their federal student loans increased 17 percent from 2015 to 2016, according to a Consumer Federation of America analysis of U.S. Department of Education data.

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