Federal student loan collection resumes
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“Resuming collections protects taxpayers from shouldering the cost of federal student loans that borrowers willingly undertook to finance their postsecondary education,” the Education Department said in a press release. If you’re in default, take ...
After a pause of more than five years, on May 5 the federal government will resume collections on defaulted student loans. The U.S. Department of Education will target borrowers who haven’t made ...
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Daily Voice on MSNRecord Student Loan Borrowers Face Default As Collections Resume, Grads Enter Weak Job MarketA record number of federal student loan borrowers are seriously delinquent as debt collections resume after a five-year pause, while new college graduates face tough employment prospects.The Education Department restarted
On Monday, the U.S. Department of Education is expected to resume collections ... of non-payment on a federal student loan. The federal government can force collections on defaulted student ...