9.2 million people delinquent on student loans, 90 day reporting starting

I don’t see many in the investing world talking about this.

Delinquency credit reports are landing for 9.2 million (**43% of Americans with payments due**) people, due to hitting the 90 day mark of missed payments since late 2024’s resume of credit reporting on federal student loans.

Why is this important? Student loans are dispersed by semester, not consolidated. While 1 payment is typically made, it’s spread out to 8+ loans. Missing 1 payment (as 9.2 million, 43% have now done) shows up on credit reports as 8+ missed payments, **tanking credit scores by 130-250 points overnight** (I personally know someone who just lost 200).

You can see stories gaining traction on here of those home/car shopping, only to see this credit hit. Does this effectively remove or significantly hinder 9 million from the borrowing economy? The effect may be 2 fold, with this being the first time those borrowers actually have to start sending $ to those loans.

Tried adding news link but couldn’t.