E2075: Student Loan Payments Back: $1.6T Debt Crisis Resumes May 5!!
Published on Apr 22, 2025, 5:37:35 PM
Total time: 01:15:37
Published on Apr 22, 2025, 5:37:35 PM
Total time: 01:15:37
The federal government will resume collections on defaulted student loans starting May 5, ending a pause since 2020. Over 5M borrowers haven’t made payments in 360+ days, with $1.6T in total student debt. Education Sec. McMahon criticizes past policies, citing taxpayer burden.
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