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flag The U.S. resumes collecting on defaulted student loans, impacting over 5 million borrowers.

flag The U.S. Department of Education resumed collections on defaulted student loans, affecting over five million borrowers. flag 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. flag Borrowers can avoid default by making nine voluntary payments over 10 months or by enrolling in income-driven repayment plans.

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