Collections on defaulted federal student loans will resume on May 5, after a five-year pause. Wage garnishment and Treasury offset are measures the government could enact to collect on student loan debt.

The government is preparing to start collecting on student loans in default. Before that happens, a financial planner has advice on what to do.

The U.S. Department of Education will resume the collection of defaulted federal student loans in May, but lots of people just don't want to pay their loans.