
Student Loan Collections Restart in May: Here’s How to Know If You’re in Default
If you’ve got federal student loans, there’s a deadline coming you can’t afford to ignore. Starting May 5, 2025, the U.S. Department of Education will officially resume collections on defaulted student loans—something that’s been paused since the early days of the pandemic in 2020. For more than five million borrowers, that could mean a serious…