If you've been ignoring your student loans, it's time to pay attention. The Department of Education is sending defaulted loans to debt collectors on Monday. If they're sent to collections, your wages could be garnished as soon as this summer.

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

The Trump administration has restarted collections on all student loans that are in default, ending the pandemic-era pause that began in 2020