How student loan borrowers can avoid default as Trump administration ramps up collection efforts
CNBCSaturday, May 17, 2025 at 11:00:01 AM
The article explains how student loan borrowers can avoid default and outlines steps for those already in default to get back on track, as the Trump administration increases collection efforts. It also clarifies misconceptions about default status.
What This Means: This news highlights the growing pressure on student loan borrowers amid stricter enforcement, emphasizing financial literacy and proactive measures to manage debt. It reflects broader concerns about student debt burdens and government policies affecting borrowers.
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