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Sattelmeyer, Sarah; Caldwell, Tia – New America, 2022
In the summer of 2022, New America managed focus groups with almost 50 borrowers from across the country who reported holding federal student debt and defaulting on their loans before the COVID-19 pandemic. Focus group participants felt hopeless about their student loans, and they had good reason to feel this way. They entered the default system,…
Descriptors: Student Loan Programs, Debt (Financial), Loan Default, Loan Repayment