President Donald Trump has announced plans to start collecting payments for defaulted federal student loans starting in May.

Corrections and clarifications: This story has been updated to reflect that President Donald Trump initially paused student loan payments in March 2020. As May approaches, the federal government ...

After President Donald Trump returned to office, his administration announced that the U.S. Department of Education would start collecting payments for defaulted federal student loans beginning May 5.

Even though the May 5 deadline is looming, borrowers have time to check the status of their federal student loans, review their options and take action to prevent wage garnishment. Even though the ...

which began when President Trump paused federal student loan payments in March 2020. The Biden administration extended the freeze several times, and payments resumed only in October 2023.

T he U.S. Department of Education and the Federal Student Aid (FSA) office will resume involuntary collections on defaulted ...

That's a lot of people trying to resolve defaults before the May 5 deadline, particularly ... You can also check the status of your federal student loans by logging into your account at ...

when the U.S. government also paused federal student loan payments and interest accrual as a temporary relief measure. That grace period was extended multiple times by the Biden administration and ...

They say people who don't make a repayment plan by the May 5 deadline could face involuntary ... can and will collect defaulted federal student loans debt by withholding money from borrowers ...