Trump Administration Prepares to Pursue Defaulted Federal Student Loan Borrowers

The Trump administration is preparing to begin garnishing wages and benefits of borrowers who have defaulted on their federal student loans. According to a report, it plans to contract with private debt collectors, possibly starting in November after the midterm elections.

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• Income and benefits of defaulted borrowers may be garnished to collect debts.

  «The Trump administration is getting ready to start going after the wages and benefits of borrowers who are in default on their federal student loans.»

  Forbes
• The report indicates a plan to contract with private debt collectors to pursue defaulted borrowers.

  «Trump is reportedly planning to hire private debt collectors to pursue federal student loan defaulters after the midterms, possibly as soon as November.»

  Hindustan Times
• The likely timing for starting collection through private entities is November, i.e., after the midterm elections.

  «after the midterms, possibly as soon as November»

  Hindustan Times

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