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Student Loan Defaults Hit a Record $171 Billion as Financial Strain Shifts to 40-Year-Olds
Washington D.C., Monday, 18 May 2026.
Federal student loan defaults surged to a record $171.4 billion in early 2026. Strikingly, the average defaulting borrower is now 40 years old, signaling broader consumer financial distress.
latest news in companies
TeamCentral Launches Secure Platform to Turn Artificial Intelligence into Business Action
Cincinnati, Monday, 18 May 2026.
Disconnected systems, not model quality, stall corporate artificial intelligence. Launched today, TeamCentral’s new platform securely bridges this gap, transforming AI from simple insight generators into actionable business tools.