Topic
federal-debt
2 stories related to this topic, newest first.
pymnts.comfinance5 days ago
Federal Student Loan Defaults Reach 3.6 Million After Payment Pause Ends
New York Fed data shows defaults have returned to pre-pandemic levels. Borrowers aged 50 and older now show the highest default rates.
finance19 days agoDeveloping
Treasury Raises Q2 2026 Borrowing Estimate to $189 Billion
The Treasury Department now expects to borrow $189 billion in the April-June 2026 quarter, $79 billion more than its February projection. The increase follows weaker-than-expected cash flow, new tax breaks and tariff refunds. Bond market analyst Mark Malek described the broader d…
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