Delinquency rates on U.S. student loans and subprime auto loans have reached historic highs, raising concerns about consumer affordability. Student loan delinquency rates hit 12.9%, the highest level in 21 years, following the full resumption of student loan repayments and the elimination of certain repayment options by the U.S. Department of Education. Delinquencies have surged particularly among borrowers over age 50. Concurrently, the 60-day delinquency rate for subprime auto loans surpassed 5% for the first time in history, doubling over the past four years and exceeding levels seen during the Great Financial Crisis. Consumer perceptions of affordability for vehicles, houses, and large household goods have fallen to near the lowest levels since the 1970s, indicating a widespread affordability crisis. Additionally, a proposed Department of Education rule could deny loan forgiveness to borrowers whose employers are found to be undermining national security and American values. Federal Student Aid complaints are also rising amid federal layoffs, and changes affecting borrowers using MOHELA have been announced. These developments come amid concerns that recent policy changes, including those introduced during the Trump administration, may impact student loan forgiveness eligibility.