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Direct linkPew Charitable Trusts, 2022
Today, approximately 43 million Americans hold a federal student loan. When these borrowers fall behind on payments, they become delinquent on their loans; once the loans reach 270 days past due, borrowers are in default. As of March 2021, roughly 1 in 5 borrowers was in default, according to data from the U.S. Department of Education. Failing to…
Descriptors: Loan Repayment, Student Financial Aid, Income, Loan Default
Budick, Seth – Pew Charitable Trusts, 2019
The School District of Philadelphia is contributing historically high sums to the state-run pension system for its employees, and these hefty payments will affect budgets for the district and the city government for years to come. Unlike Philadelphia's municipal government, the School District of Philadelphia does not control the pension system…
Descriptors: Educational Finance, Budgets, School Districts, Retirement Benefits
