The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials said Monday.

Currently, roughly 5.3 million borrowers are in default on their federal student loans.

The Trump administration ’s announcement marks an end to a period of leniency that began during the COVID-19 pandemic. No federal student loans have been referred for collection since March 2020, including those in default. Under President Joe Biden, the Education Department tried multiple times to forgive millions of people’s student loans, only to be stopped by courts.

“American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” Education Secretary Linda McMahon said.

  • Asafum@feddit.nl
    1·
    29 days ago

    “You want to try to better your life, but the market demands for employment fluctuate? Go fuck yourself. Either be a psychic and be 100% certain your job is guaranteed or keep being poor, we don’t do help here in America. We take, we don’t give.”

    -GOP

  • ViscloReader@lemmy.world
    1·
    28 days ago
    • Illegal immigrants
    • immigrants
    • minorities
    • students
    • women?
    • atheists?
    • stable income workers? (They are getting money which is infuriating)
    • gig workers? (They are also getting money?? Why isn’t everyone a slave volunteering)
    • anybody but them?
  • melsaskca@lemmy.ca
    1·
    29 days ago

    They should do that to the auto industry and the banking industry as well, if they are doing it for the student industry.

  • thedruid@lemmy.world
    1·
    29 days ago

    Tough. Honestly every one should tell them to fuck off until trump and crew are gone. No cash to the feds. Not a dime.