Around 9.5 million people - 1 in 5 federal student loan borrowers - are in default, meaning they are more than nine months behind on their payments.
The 2025 Student Loan Update showed that an estimated 15.6% of federal loans - a new record - were likely past due at the end of last year.
The rule ends the inclusion of medical debt on credit reports and prevents lenders from using certain medical information in loan decisions.
Matt Damon and his wife Luciana are matching donations up to $100,000 to help families with high health care expenses.
A new rule on medical debt could affect millions of Americans' credit scores.
Here's a primer on the debt ceiling and examples of the possible consequences if the United States is unable to pay its debts.