Analysis from the Associated Press shows an increase in borrowers defaulting on their student loans. (Photo via Canva)
As student loan repayments restart, Virginia sees increase in borrower defaults
Ashley White
Education Reporter
Nearly one in five student loan borrowers in Virginia are currently in default, reflecting a sharp national surge following the end of pandemic-era payment pauses.
An analysis of federal data reveals that Virginia's default rate reached 18%, marking a 77% increase since September.
Officials attributed the trend to widespread borrower confusion surrounding changing loan servicers, shifting forbearance periods and altered repayment plans.
A Portsmouth man was incarcerated at 17. Now, he’s helping other former inmates reenter society.
Michael Marshall partners with nonprofits to offer counseling and reentry services. (Photo courtesy of Michael Marshall)
Portsmouth native Michael Marshall created the nonprofit First Opportunity in 2014 to provide mentorship, job training, substance abuse counseling and reentry services to formerly incarcerated residents.
Having experienced incarceration as a teenager and serving more than a decade in prison as an adult, Marshall uses his lived experience to connect with young people and offer the guidance he felt was lacking in his early life.
Forty-four years after his first arrest, Marshall returned to Chesapeake Juvenile Services to speak directly with detained young people about redirecting their paths.
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