US to Restart Student Loan Collections in May
Federal officials will resume collecting on defaulted student loans starting May 5, potentially affecting 5.3 million borrowers with wage garnishment and tax refund seizures, the Education Department announced Monday. Secretary Linda McMahon said the decision ends a five-year pause initiated during the pandemic, declaring that taxpayers should no longer bear responsibility for what she called … Continue reading US to Restart Student Loan Collections in May
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