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News@lemmy.world · 1 month ago

Trump administration restarts student loan collections for millions in default after years-long pause

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Trump administration restarts student loan collections for millions in default after years-long pause

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News@lemmy.world · 1 month ago

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As the U.S. Department of Education will resume collecting on defaulted student loans, borrowers may face wage garnishment and see credit scores decline.

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Verdant Banana@lemmy.world
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1 month ago
good luck collecting

minimum wage and other wages stagnated

housing and food costs alone are more than average paychecks

teachers make less than police in most places and other four-year degree jobs are not all high paying or available

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