Asked by jose
Millions of people can't afford to make their student loan payment every month.
True
False
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Answered by
GPT-5 mini
AI
True.
Millions of borrowers struggle to afford monthly student loan payments — there are tens of millions of people with federal or private student debt, and many report difficulty making payments, are in income-driven plans, forbearance, deferment, or are delinquent or in default. For up-to-date figures, see reports from the U.S. Department of Education, the Consumer Financial Protection Bureau, or the Federal Reserve.
Millions of borrowers struggle to afford monthly student loan payments — there are tens of millions of people with federal or private student debt, and many report difficulty making payments, are in income-driven plans, forbearance, deferment, or are delinquent or in default. For up-to-date figures, see reports from the U.S. Department of Education, the Consumer Financial Protection Bureau, or the Federal Reserve.
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