Borrowers with defaulted student loans are now dealing with debt collections.
Starting Monday, millions of borrowers who have defaulted on their student loans will get notifications about their accounts being sent to collections. This decision follows the Department of Education’s announcement last month aimed at shielding U.S. taxpayers from bearing costs linked to federal student loans. The department emphasized that borrowers willingly took on these loans […]
Trump admin ends Biden’s free ride: 5+ million deadbeat student loan borrowers to face collections
President Donald Trump’s Department of Education announced Monday that he will soon be able to finish the former Biden administration’s free ride for student loan borrowers by default. ED’s Federal Student Aid Agency will resume collections on May 5th for more than 5 million borrowers who have not paid for at least 360 days. Another […]
Education Department to restart collections on defaulted federal student loans
The Department of Education announced Monday that it will resume collections on May 5th with default federal student loans. The federal agency said more than five million borrowers are defaulting over a year, and sometimes over seven years, and not making monthly payments. Default student loans have not been collected since March 2020, when it […]
Education Dept. to resume collections on defaulted federal student loans for first time since 2020
The Ministry of Education is poised to resume its default federal student loan collection in May for the first time since 2020. The first Trump administration suspended introducing federal student loans to collections in March 2020 at the start of the Covid-19 pandemic, but the extension has led Trump administration officials to worry that their […]
Shakespeare’s birthplace, collections to be ‘decolonized’ over fears his genius evidences British ‘cultural supremacy’
Shakespeare's Birth Trust is an independent charity that cares about the home of the Shakespeare family in Stratford Apon Abon, England, and the archive collections related to his life and work. Shakespeare's globally recognized genius fears that some readers may come to doubt that not all cultures are created equal. commit into the process of […]