Summary
The Trump administration has started new policies for handling student debt. They have restarted collecting loans from past borrowers, which might affect people's paychecks and credit scores.
Key Facts
- The Trump administration is changing student debt policies.
- Loan collections from past borrowers have resumed.
- These changes might impact weekly paychecks for some borrowers.
- Credit ratings could be affected by the debt collection.
- Two million overdue borrowers might face these penalties soon.