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Readers discuss student loans as the Trump administration plans to restart collections on May 5. With the Trump administration set to restart student loan repayments on May 5, we asked readers ...
If your loans are in default and you received a letter that your account will be transferred to collections, here's what to ...
Loan collection has been on pause since the early ... The Education Department will send a certified letter to your last known address before reaching out to your employer to garnish your wages.
This letter will contain your options ... That's because when your loans fall into default, your account is moved from your federal loan servicer to a private collection agency. It would be difficult ...