Student-Loan Delinquencies Now Surpass Credit Cards......

Moreover, the actual rate of student loan delinquency is far higher than the official tally suggests. According to the New York Fed, “these delinquency rates for student loans are likely to understate actual delinquency rates because almost half of these loans are currently in deferment, in grace periods or in forbearance and therefore temporarily not in the repayment cycle.”