More than nine million Americans are now in default on their federal student loans, representing approximately $234 billion in outstanding debt, according to newly released federal data.

For Signet Federal Credit Union® President and CEO Jimmilyn Hancock, that number represents more than a national financial statistic. It represents millions of households potentially facing difficult financial decisions—and an important reminder that ignoring debt rarely makes it disappear.

Signet Federal Credit Union® VP of Marketing & Communications Katelynn Rowe encourages families to start the college financial conversation early as the 2027–28 FAFSA opens ahead of schedule.

Signet Federal Credit Union® Chief Lending Officer and Executive Vice President Margaret Driskill breaks down the numbers, local housing market and mortgage options available to Western Kentucky borrowers.