Millions of student-loan borrowers are about to be thrown into collections. Some say they're already 'barely scraping by.'
businessinsider.com/student-loan-borrowers-react-default-collections-wage-social-security-garnishment-2025-4
President Donald Trump is reinstating collections on defaulted student loans.
Andrew Harnik/Getty Images
Trump is restarting collections on defaulted student loans on May 5.
Student-loan borrowers in default told BI they're not able to afford a payment restart.
Trump's administration…
This story appeared on businessinsider.com, 2025-05-04 08:13:01.