Examples of in default in a Sentence
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What To Know Approximately 270 days after a borrower first becomes 90 or more days past due on a loan, they are classified as in default and become subject to collection efforts by the Department of Education.
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Aliss Higham, MSNBC Newsweek, 4 Aug. 2025
Of the 11,200 borrowers who entered repayment since 2020, 32 percent are now in default or more than 90 days behind.
—Robert Farrington, Forbes.com, 28 July 2025
Here's why that's a big warning sign about the housing market
Sydney Lake
Workplace Culture
The Trump administration has begun garnishing wages of student loan borrowers in default.
—Emma Burleigh, Fortune, 11 July 2025
After the pandemic caused a spike in default rates, the bank’s CEO Brian Doubles said more customers are now paying back their loans than expected.
—Danielle Chemtob, Forbes.com, 24 July 2025
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Aliss Higham, MSNBC Newsweek, 4 Aug. 2025
Of the 11,200 borrowers who entered repayment since 2020, 32 percent are now in default or more than 90 days behind.
—Robert Farrington, Forbes.com, 28 July 2025
Here's why that's a big warning sign about the housing market
Sydney Lake
Workplace Culture
The Trump administration has begun garnishing wages of student loan borrowers in default.
—Emma Burleigh, Fortune, 11 July 2025
After the pandemic caused a spike in default rates, the bank’s CEO Brian Doubles said more customers are now paying back their loans than expected.
—Danielle Chemtob, Forbes.com, 24 July 2025
See All Example Sentences for in default
Cite this Entry
“In default.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/in%20default. Accessed 20 Aug. 2025.
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