Department of Education Takes Action on Outstanding Student Loan Debt

The Trump administration, which aims to dismantle the Department of Education, has designated it as the agency responsible for collecting overdue student loan debt from 5.3 million borrowers. White House Press Secretary Karoline Leavitt emphasized the $1.6 trillion federal student loan portfolio's impact on taxpayers. Starting May 5, collections will involve withholding funds from tax refunds, Social Security benefits, and federal pensions for those in default. Dr. Walter M. Kimbrough of Talladega College advocates for broader discussions on income inequality in relation to loan repayment.