17 Dec 2025

🚨 More than 9 million US borrowers miss student loan payments as delinquencies rise.

The Cold Hard Numbers: 9 Million+ US borrowers have officially missed payments. The sudden spike? It’s a year-long backlog of "shadow delinquencies" finally hitting credit reports after the credit-reporting ban expired. The Gamble: Millions strategically skipped payments, betting on forgiveness or prioritizing other spending because there was ZERO penalty. That period of consequence-free non-payment? It's over. 💸 The Economic Fallout (Why You Should Care): This isn't just a personal finance problem; it's an economic headwind that will ripple across sectors: Credit Score Devastation: Delinquencies are officially reporting. We are seeing reports of credit scores dropping by 100-170+ points overnight for once-prime borrowers. The Housing Market Freeze: A crashed credit score means no mortgage, no favorable car loan, and dramatically higher interest rates on everything else. This pulls a massive layer of demand out of the housing and auto markets—right when they need it most. The Consumer Spending Drain: As millions of Americans are forced to scramble, pay down old interest, and fix their credit, that cash is being pulled directly from the "fun" economy: restaurants, travel, and retail. It's a sudden, powerful brake on consumer growth. Source: FT, StockMarket.news

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