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Student loan collections resume

USA TODAY on MSN · 48m

When do collections begin on defaulted student loans? What to know as deadline approaches

President Donald Trump has announced plans to start collecting payments for defaulted federal student loans starting in May.

The Associated Press on MSN · 4d

Defaulted student loans will go to collections. Here’s what borrowers need to know

The federal Department of Education is cracking down on student loan debt. It will resume collecting defaulted payments soon.

Newsweek on MSN · 4d

Student Loan Update: Trump Gives New Deadline for Garnishing Wages

The move follows the expiration of payment pauses and grace periods that began under former President Biden's administration.

1hon MSN

Trump administration drops CFPB lawsuit against National Collegiate Student Loan Trusts

The Trump administration dismissed a CFPB lawsuit against National Collegiate Student Loan Trusts, abandoning a $2.25 million ...

5d

Federal government resumes collection on student debt. What you should know

The U.S. Department of Education announced on Monday that it will begin collecting on defaulted student loan payments ...

2h

'We are frankly horrified': CT officials condemn Trump's student loans plan

The U.S. Department of Education will resume collections on defaulted student loans on May 5, including in Connecticut.

7h

Widely criticized student loan servicer MOHELA faces investigation by multiple state attorneys general

Student loan servicer MOHELA is under investigation by multiple state attorneys general and regulators over alleged ...

5don MSN

Collections on millions of student loans risk slowing the economy, experts say

In all, some 42 million borrowers owe more than $1.6 trillion in student debt, according to the DOE. If the borrowers ...

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