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Trump to Resume Collection of Defaulted Student Loans

Education Department to resume collecting student loans in default
The Department of Education announced on Monday that it will restart collecting federal student loans in default on May 5, ending a pandemic-era pause that began roughly five years ago.
White House Says It Will Seize Wages For Student Loans In Collection—Here’s What Borrowers Can Expect
“Borrowers will now be expected to repay their loans, and those who don’t will face involuntary collections,” White House press secretary Karoline Leavitt told reporters Tuesday. “The government can and will collect federal student loan debt by withholding money from borrowers, tax refunds, federal pensions and even their wages.”
Trump to Resume Collection of Defaulted Student Loans: What to Know
The Education Department announced it is restarting the collection of payments on defaulted student loans. Here’s what to know about the decision and how borrowers can protect themselves.
White House announces student loan crackdown
White House Press Secretary Karoline Leavitt announced the Trump administration will resume student loan collections, after the Biden administration moved to wipe away debt.
WATCH: White House says defaulted student loan borrowers must find a way to pay
The federal government will come after defaulted student loan borrowers’ tax refunds, federal pension and wages if those borrowers don’t find a way to start paying again, the White House said Tuesday.
Student Loans In Default Will Be Sent To Debt Collection By Trump Admin, Wage Garnishment Possible
The Trump administration is ending the period of leniency that was granted for student loans during the pandemic, and loans will begin to be sent to debt collection.
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Trump administration is about to collect payments from millions of student borrowers. Experts say it risks slowing the economy.
The Trump administration’s plan to begin collecting defaulted college loan payments from millions of borrowers risks ...