Your Ultimate Playbook: Mastering Federal Loan Default Collections After the Resumption

This article originally appeared on Defender Network (WIB) – Following a five-year pause, the federal government is set to renew its debt collection efforts aimed at millions of student loan defaulters. The U.S. Department of Education is notifying borrowers about the return of involuntary actions, including wage garnishments and tax refund intercepts. Education Secretary Linda McMahon has highlighted that taxpayers will no longer bear the burden of lenient loan policies and defined the limits on debt forgiveness. Borrowers should check their statuses and consider rehabilitation, consolidation, or deferment options, remaining vigilant against fraud.