All over the country I've seen it the same
Nobody's winning at this kind of game
--Edgar Winter Group
WSJ reports that 40% of borrowers from the federal government's main student loan program aren't making payments or are behind on their loan payments. This should not be surprising, given the mountain of student loan debt accumulated and actions to relieve or even forgive student loan debt.
Perhaps others have been emboldened by proposals of some presidential candidates for 'free' college.
Delinquencies promise to go higher as another bubble ready to pop.