Amna Nawaz
@PBSNewsHour·5.3M subscribers·62.2K videos
What to know about federal student loan collections starting
Posted
May 6, 2025
Views
27,354
Likes
148
Engagement
0.54%
May 6, 2025
27,354
148
0.54%
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2:42Now PlayingOn May 5, the Federal Government started referring student loans currently in default for collections, which it hasn’t done since March of 2020.
For the more than 5 million borrowers currently in default, that could mean wage garnishment, or having money taken out of future tax refunds.
Persis Yu, deputy executive director and managing counsel of the Student Borrower Protection Center, spoke with PBS News to break down what that means for those borrowers, and what options they might have.
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