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New York Fed finds ongoing student loan woes in first quarter
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- New York Fed finds ongoing student loan woes in first quarter By Michael S.
- NEW YORK, May 12 (Reuters) - Ongoing U.S. student loan troubles do not appear to be on track to create broader woes in the consumer lending space, a New York Federal Reserve report released on Tuesday showed.
- Student loan borrowing has over recent quarters been on a troubling path after the government began to compel borrowers to repay loans again after a long break.
New York Fed finds ongoing student loan woes in first quarter By Michael S. Derby Tue, May 12, 2026 at 11:02 PM GMT+7 3 min read By Michael S. Derby
NEW YORK, May 12 (Reuters) - Ongoing U.S. student loan troubles do not appear to be on track to create broader woes in the consumer lending space, a New York Federal Reserve report released on Tuesday showed.
The regional Fed bank made the finding in its broad overview of consumer debt trends in the first quarter, which found modest gains in key borrowing types and little change in overall delinquency rates, in a period marked by a stable job market and ongoing economic growth.
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