Student Loan Payment ‘On-Ramp’ Ends, Putting Some Borrowers at Risk of Delinquency

October 2, 2024 – In a CNBC article about the one-year grace period expiring for student loan borrowers who miss a payment, the author features data from EdAssist by Bright Horizons’ most recent EdIndex.

A study commissioned by EdAssist by Bright Horizons also highlighted the impact student loan debt has had on borrowers.

To that point, 53% of U.S. workers said that knowing they would incur additional debt has prevented them from pursuing more education.

And as much as 86% of workers with education debt said their degree wasn’t worth the toll that student loans has had, according to Bright Horizons’ fourth annual education index, which in May polled more than 2,000 adults who are employed either full- or part-time.

Read the full article here.