Millions of Student Loan Borrowers Face Default as Collections Resume
Over 5 million federal student loan borrowers were in default as of June 2025, with collections resuming in May. Borrowers risk wage garnishment and credit damage.
Topic
Latest reporting and analysis tagged with debt collection.
Over 5 million federal student loan borrowers were in default as of June 2025, with collections resuming in May. Borrowers risk wage garnishment and credit damage.