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Federal student loans in default will be sent to collections next week. Here’s what to know
Your loans will go into default if you haven’t made a payment in 270 days and haven’t made an agreement with your borrower, such as deferment or forbearance. You can log into your federal student loan account to check the status of your loans. The Education Department will begin forced recollections on May 5.
President Donald Trump has announced plans to start collecting payments for defaulted federal student loans starting in May.
Understanding how to best navigate college funding and loan repayment options can help these students prepare for the future.
RICHMOND, Va. (WRIC) — Starting Monday, May 5, people behind on paying off their student loan debt could soon face debt ...
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