Student loan default rates surge, 1 in 5 borrowers now in default Student loan defaults have surged to a record 9.5 million borrowers, representing $233.3B in unpaid debt, following the expiration of payment pauses and the termination of the SAVE Plan. foxbusiness.com foxbusiness.com / feeds foxbusiness-com-personal-finance / / #business / / 42 days 42d Share