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Student Debt Collections Restart on May 5. Here’s What to Know.
If you log in to your account on the federal website, StudentAid.gov, you’ll find your dashboard with details on how much you owe and the status of your loans — whether they are in repayment, for example, or default. If it’s the latter, you may also see a warning at the top.
For the first time in five years, Trump is resuming collections for defaulted student-loan borrowers on May 5.
Millions of federal student loan borrowers face a renewed threat to their wages and tax refunds starting May 5, when the ...
The move marks the end of a five ... Social Security benefits and wages to go toward paying back the loan. White House Press Secretary Karoline Leavitt says restarting student loan ...
After a five-year pandemic-related payment freeze, the Education Department announced it will resume collections of its ...
As part of these efforts, the Department of Education is restarting the process that allows for borrowers who are in default on their student loans to have their Social Security benefits and tax ...
More than 40 million Americans hold federal student loans, and over 10 percent are believed to be in default. The return of ...
The Treasury Offset Program, which collects debts by intercepting payments such as tax refunds and Social Security benefits ... at the end of 2024. Most federal student loan borrowers will ...
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