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30% of student loan borrowers have gone without food or medicine: CFPB [Video]

A student student sits in a lecture hall while class is being dismissed at the University of Texas at Austin on February 22, 2024 in Austin, Texas.

Brandon Bell | Getty Images

Nearly a third, 30%, of federal student loan borrowers say they’ve gone without food or medicine because of their monthly bills.

That grim finding comes from a new survey by the Consumer Financial Protection Bureau, conducted between October 2023 and January 2024, and including more than 3,000 responses from people with an active or recently active student loan account.

The bureau sought to gauge more broadly how tens of millions with education debt fared when their bills resumed in September 2023 after the Covid-era pause on the payments expired.

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