More than 5 million ED-serviced borrowers with nearly $117 billion in outstanding federal student loans are in default as of June 2025, according to a Department of Education announcement.
In addition, according to the Department, more than 6 million borrowers are in a delinquent status with about 4 million of those borrowers in late state delinquency and nearing default.
In a recent announcement, the Department of Education said it has updated its data center and reminded schools that is recently published nonpayment rates to help postsecondary institutions understand their borrowers’ risk of default, specifically for borrowers who first entered repayment during the payment pause.
The Department said schools can view more than 70 quarterly applications, disbursement, and portfolio reports, which include data through June 30, 2025, in the data center.
The data center, launched in 2009, provides information for businesses, institutions, the media, and individuals and with a goal of ensuring consistency, accountability, and transparency for interested stakeholders.
