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.

  • MDCCCLV@lemmy.caEnglish
    1·
    1 day ago

    But it’s not adding new debt, the federal government already holds that debt. I’m not clear if you understand that.