Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer

The Trump Administration resumed collection efforts on defaulted student loans Monday after a roughly five-year hiatus — and affected borrowers could begin feeling the financial consequences sooner than experts expected.

May 6, 2025 - 21:33
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Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer
The Trump Administration resumed collection efforts on defaulted student loans Monday after a roughly five-year hiatus — and affected borrowers could begin feeling the financial consequences sooner than experts expected.