Collections on Defaulted Loans
- Publisher
- U.S. Department of Education, studentaid.gov
- Published
- 2026-10-09
- Type
- official document
- Link
- https://studentaid.gov/manage-loans/default/collections
- Last checked
- 2026-10-28
- Rights
- public domain — we link and describe; we do not republish the text.
Cited in
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Taxes and Public Finance
About 9 million borrowers are in default on $220 billion of student loans, while 7.5 mill…
Federal Student Aid data through March 2026 show about 9 million borrowers in default on $220 billion; the SAVE plan is ending under a settlement, with more than 2 million borrowers already told to choose a new plan.