In less than two weeks, the U.S. Department of Education will resume collecting student loans in default and that means millions of borrowers will have to start making payments or risk having their wages garnished. After years of paused student loan payments, millions of borrowers are still struggling to restart repayment, and some, like Conrad
Federal student loan borrowers have endured five years of chaotic changes as various relief programs started, stopped and shifted. But the return to “normal” may be the messiest change of all. Payments formally resumed in October 2023, though former President Joe Biden and his administration paused repayment for certain types of loans for most of
Trump said student loans are moving out of the Department of Education and into the Small Business Administration. He also said that HHS will be taking over “special needs” and nutrition programs. This comes one day after Trump signed an executive order to begin eliminating the Department of Education. Student loans are moving to the
US President Donald Trump speaks as he prepares to sign executive orders in the Oval Office of the … [+] White House in Washington, DC on March 6, 2025. Trump is expected to sign an executive order instructing Secretary of Education Linda McMahon to dismantle the department she now leads, US media has reported. (Photo