How Will Borrowers Know If They’ve Defaulted? Borrowers who have defaulted on their debt will receive notices over the next two weeks urging them to take action on their debt be

White House press secretary Karoline Leavitt announced today that the pause in collections on student loans in default that has been in effect since the early days of Covid comes to an end on May 5. "Fewer than four out of ten borrowers are in repayment,

The federal government will come after defaulted student loan borrowers’ tax refunds, federal pension and wages if those borrowers don’t find a way to start paying again, the White House said Tuesday.