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Guam, 1944

AP Photo/Joe Rosenthal Vehicles are slung over the side of a transport ship in preparation to being run to the Guam shore in a landing craft, July 21, 1944. In the background, partially obscured by haze and smoke from shelling is another landing craft. Photo made on the first morning of ...

As defaults on student loans surge, millions are trying to get their lives back on track

Life after college did not go as Ashley Dreahn planned. After starting out as a teacher, she went back to school — and took out more loans — in hopes of landing a higher-paying job in the chemical processing industry. It never materialized, and then came Hurricane Harvey, a job loss and a car breakdown. By 2022, she was so broke she filed for bankruptcy. She found work at a Texas prison and was rebuilding her life, saving up for weight-loss surgery, when this spring she heard from a credit-monitoring service. The student loans she thought had been discharged in bankruptcy had ...

A wave of student loan borrowers have entered default since pandemic-era protections lapsed

Defaults on student loans have surged across the United States, reaching record levels as borrowers struggle to keep up with payments. The numbers have spiked since payments came due again following a lengthy pause intended to provide relief during the COVID-19 pandemic. Today, around 9.5 million people — 1 in 5 federal student loan borrowers — are in default, meaning they are more than nine months behind on their payments. While credit scores can suffer when borrowers are just a few months behind, entering default brings the possibility of more serious consequences, including ...

Photo of the Day: Smoking Ban

AP Photo/Andrew Innerarity Michael Mendoza, 12, models a promotional jacket featuring “Joe Camel” of the Camel cigarette company, July 20, 1995, in Atlanta. The U.S. government blamed the surge in teens who took up smoking in the 1980s on massive promotional campaigns by tobacco companies.