Debt on student loans. (Source: Shutterstock)
Just 54% of U.S. student-loan borrowers are making consistent payments, instead alternating between months of larger payments or no payment at all, according to a study from the JPMorgan Chase Institute that underscores the burden of educational expenses for millions of Americans.
Among borrowers who started making payments, as many as 59% might be making no payment at any given time, the institute said in a report released Wednesday in Washington. The payment status changes reflect income swings, and show families are less consistent paying student loans than those for cars and homes.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
