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The Potential Increase in Federal Student Loan Defaults in Fall 2025 (“Default Cliff”)

Published Sep 25, 2025Updated Nov 15, 2025

The Congressional Research Service is a nonpartisan policy and legal analysis arm of the Library of Congress. CRS reports are written for members of Congress and their staff, not the public — but they’re made available openly through Congress.gov.

The Potential Increase in Federal Student Loan Defaults in Fall 2025 (“Default Cliff”) — Informed