More than 9mn US borrowers miss student loan payments as delinquencies rise

Financial Times: The rise in delinquencies comes amid broader concerns that recent graduates are struggling to find work in a US labour market that has cooled over recent quarters.

“They just don’t have the money,” said Charlie Wise, senior vice-president and head of global research and consulting at credit bureau TransUnion. “That speaks more broadly to some of the weaknesses that we’ve seen in the jobs market for recent grads…