Gen Z’s credit scores are cratering — and Trump’s student loan crackdown is the biggest reason why

The Trump administration has moved aggressively to restart student loan collections, and a record number of borrowers can’t keep up. The result is showing up in a damaging and lasting way: a generation of young Americans is watching its credit scores collapse.

Credit scores are a core part of personal finance in the U.S. They determine Americans’ access to favorable loans, credit cards, and can even factor into applying for a job. Having good credit is especially relevant for young people...