by Laura L. Rubenstein | Apr 24, 2025 | Business, Insights, Labor and Employment
After a 5-year hiatus, the U.S. Department of Education reports that it will begin resuming collections of defaulted student loans on May 5, 2025. There are currently about 43 million student loan borrowers in the U.S. who owe about $1.6 trillion. The Department of Ed...