Survey Findings: Student Loan Borrowers Are Struggling to Keep Up
As families across the nation face ever-rising living costs, student loan burdens continue to exacerbate financial struggles for millions of borrowers. In the absence of reliably updated data on the state of the federal student loan portfolio from the U.S. Department of Education (ED), TICAS commissioned Data for Progress to complete a representative survey of federal student loan borrowers currently in repayment. Our findings show that managing student loan debt is making it more difficult for borrowers to keep up with their other bills, to find secure housing, or to save for retirement.