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The Trump administration has resumed student loan collections from past borrowers, which could have a significant impact on paychecks and credit ratings for many people. This month, two million overdue borrowers could be facing those penalties. PBS News Hour's Paul Solman reports. | PBS NewsHour
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Trump administration to resume collections on student loan borrowers in default
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npr.org
The Trump administration announced it will restart collections on federal student loans that are in default beginning May 5, warning borrowers could be referred to debt collectors or enrolled in repayment plans. “Debt cannot be wiped away. It just ends up getting transferred to others,” White House Press Secretary Karoline Leavitt said Tuesday. “So why should Americans who didn’t go to college or went to college and responsibly paid back their loans pay for the student loans of other Americans?”
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