Student loans in default will be forwarded to debt collection, the Education Department warns.
WASHINGTON — The Education Department will begin collection on defaulted student loans next month, including salary garnishment for possibly millions of borrowers, officials announced Monday. Currently, around 5.3 million borrowers are in arrears on federal student loans. The Trump administration’s action concludes a period of tolerance that started during the COVID-19 outbreak. Since March 2020,…
