Defaulted Loans: Borrower Rights & Options
Navigating the Restart of Federal Student Loan Collections: A Borrower’s Guide The long-standing pause on federal student loan payments has ended, initiating a new phase for millions of Americans. As of May 5,2025,the U.S. Department of Education has resumed active collections on defaulted loans, potentially leading to significant financial repercussions for those unprepared. Understanding your … Read more