How the government’s crackdown on unpaid student loans could impact millions
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.
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