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President Donald Trump has announced plans to start collecting payments for defaulted federal student loans starting in May.
The federal government suspended student loan payments in March 2020 in response ... but weren’t in default pre-pandemic, still have time to start paying their loans again and avoid collections.
After months of stalled processing, new developments this month are expected to break the backlog that has kept applicants in ...
WASHINGTON – Since the COVID-19 pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of not paying back their loans. That's about to change, and ...
Wage garnishment had been suspended under ... there are still many borrowers who have yet to resume payments." Michael Lux, an attorney and founder of the Student Loan Sherpa, told Newsweek ...
Interest on federal students loans was suspended during the COVID-19 pandemic ... able to work around the Supreme Court’s ruling and still ultimately ended up forgiving over $180 billion ...
The move arrives as the Trump administration works to dismantle the Education Department and aggressively roll back former President Joe Biden's policies, including those around student loan ...
Payments were suspended in 2020 because it was ... t go to college and those who have paid off their student loans to pay for those who still owe. Even with the veto, the debt forgiveness program ...
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