A sweeping change is about to impact millions of Americans who have fallen behind on their federal student loan payments. Beginning May 5, 2025, the U.S. Department of Education will resume involuntary collections on defaulted loans. This change follows a five-year pause initially enacted to ease financial strain during the COVID-19 pandemic. Roughly 5.3 million … Continue reading Major Student Loan Update Could Change Everything for 5 Million Borrowers in Default