Amid sweeping changes in federal student aid, student debt is harder to pay off than ever | The Boston Globe
“More than a million borrowers are waiting to hear whether they’ve been enrolled in income-based repayment plans, and roughly a third of the country’s 45 million student loan borrowers are now in late-stage delinquency, or more than 90 days past due on payments, the highest share ever recorded.
“The wheels are falling off,” said Eileen Connor, executive director of the Project on Predatory Student Lending, based in Jamaica Plain. “Problems are going to be widespread across the system in a way we haven’t dealt with before.”’
