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The U.S. resumes collecting on defaulted student loans, impacting over 5 million borrowers.
The U.S. Department of Education resumed collections on defaulted student loans, affecting over five million borrowers.
With total student debt at $1.6 trillion, the Treasury Offset Program has been restarted to garnish federal and state payments, including tax refunds and Social Security benefits.
Borrowers can avoid default by making nine voluntary payments over 10 months or by enrolling in income-driven repayment plans.
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EE.UU. reanuda el cobro de préstamos estudiantiles en mora, afectando a más de 5 millones de prestatarios.