White House press secretary Karoline Leavitt announced today that the pause in collections on student loans in default that has been in effect since the early days of Covid comes to an end on May 5.

The Department of Education will restart its collection of defaulted student loans after a more than five-year halt.

The change affects more than 5 million Americans who were in default before or during the freeze and could now face collection tactics such as wage garnishment.

The fund freeze does not affect student financial aid or federal loan programmes, but it could impact more than $1 billion ...

This week, the Department of Education announced that on May 5 it will begin collecting on defaulted student loans. This will be the first time since March 2020 that borrowers who have either ...

“The Trump administration has announced we will put an end to Biden’s illegal student loan bailout attempts,” White House Press Secretary Karoline Leavitt told reporters Tuesday, following a ...

“The government can and will collect default in federal student loan debt by withholding money from borrowers, tax refunds, federal pensions and even their wages,” White House press secretary ...