U.S. Education Department to restart defaulted student loan collections
WASHINGTON — The U.S. Department of Education said Monday that it will resume collections May 5 for defaulted federal student loans.
After pausing during the early weeks of the COVID-19 pandemic, the agency has not collected on defaulted loans in over five years. More than 5 million borrowers sit in default on their federal student loans, and just 38% of borrowers are current on their payments, the department said.
“American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” U.S. Secretary of Education Linda McMahon said in a statement Monday.
During last year’s presidential campaign, President Donald Trump criticized his predecessor and successor, President Joe Biden, for his efforts to erase student debt. McMahon resumed that line of attack Monday, blaming Biden’s administration for unreasonably raising borrowers’ expectations of forgiveness.
https://washingtonstatestandard.com/2025/04/21/repub/u-s-education-department-to-restart-defaulted-student-loan-collections/
If you don't pay she's going to send one of her WWE goons after you.
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