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Trump Administration Resumes Student Loan Collections: What Borrowers Need to Know

Trump Administration Resumes Student Loan Collections: What Borrowers Need to Know

BUSINESS - 4/23/2025

The Trump administration is set to resume collections on defaulted student loans for the first time in five years, impacting millions of borrowers. With wage garnishments and tax refund seizures on the horizon, many are left anxious and confused about their repayment options.

Student Loan Collections Resume: Millions Face Wage Garnishment

Student Loan Collections Resume: Millions Face Wage Garnishment

BUSINESS - 4/21/2025

The Education Department will restart collecting on defaulted student loans next month, potentially garnishing wages for millions. Advocates warn this may worsen economic struggles for many families.

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