How much does missing student loan payments hurt your credit score?
CBSN
A U.S. freeze on federal student loan payments during the COVID-19 pandemic has offered a vital financial reprieve to millions of Americans. But borrowers could soon be on the hook again, with the moratorium set to lapse at the end of the month.
More than 79% of those with student debt — a total of 30 million people — saw their credit scores improve during the pandemic, according to a report this week from the Federal Reserve Bank of New York. Nearly 8 million borrowers boosted their scores enough to jump to a higher credit tier.
"The pandemic repayment pause drastically reduced delinquency and default on student loans, so we've seen increases in credit scores across the distribution of student debtors," said Marshall Steinbaum, senior fellow in higher education finance at the Jain Family Institute. "Student debtors' credit scores have risen across the board, but they have increased the most for the least well off student debtors."
Washington — The Supreme Court is set to consider Thursday whether former President Donald Trump is entitled to sweeping immunity from federal prosecution for conduct that occurred while he was in the White House, thrusting the justices into election-year politics in a historic case with significant ramifications for his legal and political future.
A bottlenose dolphin was found shot to death on a Louisiana beach last month and now authorities are offering a $20,000 reward for information that aids their investigation into the incident. NOAA's Office of Law Enforcement said the dead dolphin was found on West Mae's Beach in the state's Cameron Parish with multiple bullets lodged in its brain, spinal cord and heart.