US Department of Education Resumes Student Loan Debt Collection Efforts Affecting 4 Million Borrowers

Published on 4.24.25

  The US Department of Education's recent decision to resume collection efforts on outstanding loans has sparked debate among advocates and lawmakers. The move affects around 4 million borrowers who are between 91 to 180 days late on their loan payments, with less than 40% currently on track with their loans. Critics, including Mike Pierce and Betsy Mayotte, have expressed concerns about the resumption of wage garnishment for borrowers in default. This decision comes after the Biden administration extended the grace period multiple times before it ended in October. The issue of student loan debt remains a pressing concern that requires continued attention from policymakers. Despite efforts to address other education issues, such as improving school discipline policies and increasing transparency in higher education funding, the resumption of collection efforts highlights the need for further action on student loan debt.

References

Related Posts


US Education System's Billions-Worth of Investment Fails to Improve Student Outcomes, Despite Dan Goldhaber's Warnings
4.24.25
The US education system has been under scrutiny in recent years, with concerns raised about the effectiveness of government policies aimed at improving student outcomes. Despite investing billions of dollars...
See Full Post

Back

See Newsfeed: Education