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Do You Support the Resumption of Federal Student Loan Collections Amid Economic Uncertainty?
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Here’s the Scoop
The Department of Education is gearing up to restart collections on defaulted federal student loans in May, marking the first time since 2020 that such measures will be enforced. This move comes as a response to growing concerns about the fiscal sustainability of the federal student loan portfolio, a concern that was initially addressed during the Trump administration when loan collections were paused at the beginning of the COVID-19 pandemic…
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