Department of Education after student loan borrowers

Department of Education after student loan borrowers

The Biden administration had paused student loan repayments because of the pandemic and didn't resume until late last year, but they didn't come after anyone who wasn't paying. Well, that's all changing now. Student debt in this country is a big number, $1.6 trillion and about 42 million borrowers. The education department now says more than 5 million of those have not made a payment in the last 360 days.

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