 TITLE: Only Half of All Student Loans Are Currently In Repayment CONTENT: Student Loan Defaults Continue to Climb\n---------------------------------------\nThe share of total student loan debt that is in default, or significantly past due, continues to grow. As of Q3 2019, 12% of federally managed student loans—$155 billion—were in default, according to DOE data. That's up one percentage point from the same time last year and two percentage points since 2017.\nA federal student loan is considered delinquent the first day after a borrower misses a payment. If a loan continues to be delinquent, the DOE considers the loan in default. The timeline for designating a loan in default varies depending on the type of loan the borrower has.\nWhen compared with the number of delinquencies across all credit products in the U.S.—which in the past five years have gone down—the increasing amount of student loan debt in default is notable. END