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E2075: Student Loan Payments Back: $1.6T Debt Crisis Resumes May 5!!
The federal government will resume collections on defaulted student loans starting May 5, ending a pause since 2020. Over 5M borrowers haven’t made payments in 360+ days, with $1.6T in total student debt. Education Sec. McMahon criticizes past policies, citing taxpayer burden.
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By Spreely Media Podcasting
4.7
189189 ratings
The federal government will resume collections on defaulted student loans starting May 5, ending a pause since 2020. Over 5M borrowers haven’t made payments in 360+ days, with $1.6T in total student debt. Education Sec. McMahon criticizes past policies, citing taxpayer burden.
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