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Millions of student loan borrowers head to collections as delinquency rates soar over 20%
fortune.com/2025/05/05/student-loans-collections-delinquency-credit-scores-trump
Monday marks the end of a five-year reprieve for federal student loan borrowers, as the Trump administration begins to put millions of defaulted borrowers into collections. For some, that will mean seized wages and credit scores plummeting by almost 200 points.
The Department of…
This story appeared on fortune.com, 2025-05-05 16:49:00.