5 million student loan borrowers face mandatory collections starting May 5

Some 5 million Americans with defaulted student loan payments will have their loans sent for collections on May 5, the Department of Education announced on Monday.

Apr 22, 2025 - 01:40
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5 million student loan borrowers face mandatory collections starting May 5
Some 5 million Americans with defaulted student loan payments will have their loans sent for collections on May 5, the Department of Education announced on Monday.