As student loan delinquencies spike, borrowers risk 'potential spillovers' with other late payments, NY Fed says

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Submitted ⁨⁨2⁩ ⁨months⁩ ago⁩ by ⁨return2ozma@lemmy.world⁩ to ⁨aboringdystopia@lemmy.world⁩

https://www.cnbc.com/2025/05/20/student-loan-delinquencies-risk-spillovers-to-other-debts-ny-fed.html

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mogranja@lemmy.world ⁨2⁩ ⁨months⁩ ago

“It’s just money that can’t go to other financial things,” said Matt Schulz, chief credit analyst at LendingTree.

Whoa, slow down on the jargon there , Matt.

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