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News@lemmy.worldEnglish · 2 days ago

U.S. Department of Education: 'There will not be any mass loan forgiveness'

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U.S. Department of Education: 'There will not be any mass loan forgiveness'

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News@lemmy.worldEnglish · 2 days ago

Learn about default on federal student loans and the resumption of collections starting May 5, 2025 by the U.S. Department of Education.

The U.S. Department of Education has announced the Office of Federal Student Aid (FSA) will resume collections of federal student loans that are in default on May 5.

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Takumidesh@lemmy.world
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1 day ago
Debt is a concept not a physical thing, there isn’t anything intrinsic about it that must make it transfer to others.

If I’m ok with forgiving $5 they my friend owes me for lunch, that doesn’t make the debt mysteriously transfer to a 3rd party.

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