PoliticsPhoto: HT WorldTrump Plans Private Debt Collectors for Student Loan Defaulters
The Trump administration plans to hire private debt collectors to pursue Americans who have defaulted on federal student loans, reportedly starting after the November midterm elections. Around 9.5 million Americans have defaulted on federal loans, with one in five recipients affected. The Treasury Department aims to implement this plan soon, resuming collections paused during the COVID-19 era, including measures like tax refund offsets and wage garnishments.
HT World·

