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Millions of US Student Loan Borrowers Face Renewed Collections
The U.S. Department of Education resumed collecting on defaulted federal student loans on May 5th, 2024, impacting millions of borrowers with delinquency rates at an all-time high, potentially leading to wage garnishment and credit score damage, after a nearly five-year pause due to the COVID-19 pan...
Millions of US Student Loan Borrowers Face Renewed Collections
The U.S. Department of Education resumed collecting on defaulted federal student loans on May 5th, 2024, impacting millions of borrowers with delinquency rates at an all-time high, potentially leading to wage garnishment and credit score damage, after a nearly five-year pause due to the COVID-19 pan...
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