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The U.S. Department of Education on Monday said it’s restarting “involuntary” repayment of federal s
2025-04-22
85 words
1 min read
Description of the video
The U.S. Department of Education on Monday said it’s restarting “involuntary” repayment of federal student loans that are in default.
The payments were paused during the first term of President Donald Trump in 2020 as a response to the Covid pandemic.
The number of Americans defaulted on student loans is estimated around 5 million; however the Department of Education stated the number is expected to rise to 10 Million.
Overall, roughly 43 million Americans have student loan debt.
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