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[Student Loan Delinquencies Expected To Lower Credit Scores For Millions] A New Analysis By The Federal Reserve Bank Of New York Projects That Over 9 Million Americans Could Experience Significant FICO Score Declines As Student Loan Delinquencies, Unreported Since The Pandemic, Now Appear On Credit Reports After A Grace Period Ended In September. Over 15% Of Student Loan Holders Are Behind On Payments. The Biden Administration's Fresh Start Program, Intended To Help, Was Utilized By Only 900,000 People. The Trump Administration Is Expected To Restart Involuntary Collections On Defaulted Student Loans, Potentially Impacting Borrowers Further.
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