The episode discusses the surge in student loan delinquencies in the United States, reaching an all-time high as reported by FICO in April 2025. This rise is attributed to the resumption of delinquency reporting after a five-year hiatus, stemming from the COVID-19 pandemic. The article explores how these increasing delinquencies are negatively impacting borrowers' credit scores and the broader economy, outlining the reasons behind the high rates such as economic pressures and administrative confusion. It also addresses who is most affected by this crisis and suggests strategies for borrowers to recover while highlighting the need for systemic policy reforms to mitigate the long-term consequences of this substantial financial burden.