5 million student loan borrowers face mandatory collections starting May 5

abcnews.go.com

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5 million student loan borrowers face mandatory collections starting May 5

abcnews.go.com

return2ozma@lemmy.worldBanned from community to

News@lemmy.world · 1 year ago

cross-posted to:
usa@lemmy.ml

Some 5 million Americans with defaulted student loan payments will have their loans sent for collections on May 5, the Department of Education announced on Monday.

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Domino effect, leading to economic depression?

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