How to navigate changes to student loans in 2025

When the various administration kept extending the pause on payments during the COVID pandemic, even though it was the right thing to do, I started to get worried about future default rates.

One of the biggest indicators [of default] are people that aren’t already in the habit of making payments. What we did during the COVID pause, is we took millions of people who had a habit of making payments out of that habit, and brought them back in an economy that was very different than it was in 2019.

Top mistake borrowers make is burying their head in the sand.