Some borrowers will have wages and benefits garnished, putting even more strain on an already unstable economy.| Fortune
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According to the New York Fed’s Liberty Street Economics blog, more than 9 million student loan borrowers will soon start to see substantial declines in their credit scores. Those declines will be larger for higher-score segments, with those in the 760 – 850 range seeing an average drop of 171 points: That’s a big deal. […]| Fintech Takes
A look at how the post-pandemic return of negative reporting of past due balances will impact the credit scores of student loan borrowers.| Liberty Street Economics
A look at how the COVID-19 pandemic and its subsequent policy responses disrupted long-term trends underlying U.S. student loans.| Liberty Street Economics