Amid Affordability Crisis, Analysis Finds Delinquencies Now at 3X Pre-pandemic Rates; 1 in 5 Are in Default; Delinquent Borrowers Saw Credit Scores Plummet by 57 Points on Average February 20, 2026 | WASHINGTON, D.C. — New analysis of consumer credit data by The Century Foundation and Protect Borrowers reveals that the Trump administration’s assault on student borrowers has triggered an unprecedented nationwide delinquency and default crisis, with 1 in 4 borrowers now behind…