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Pew 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
Howell, Octavia – Pew Charitable Trusts, 2018
By many measures, Philadelphia is on an upswing, with a growing population, an influx of new investment, and rising household incomes. Yet at the same time, a significant share of the city's residents are struggling. More than a quarter--about 400,000 people--live below the poverty line, which is about $19,700 a year for an adult with two children…
Descriptors: Poverty, Health, Crime, Access to Education