Repaying

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Here’s When (and How) You’ll Need to Start Repaying Your Student Loans

The Department of Education announced Monday that the FSA will finally restart collections on defaulted student loans beginning May 5, 2025, following a five-year pause that began during the COVID-19 pandemic. This decision affects approximately 5.3 million borrowers who were in default before the pause. For these borrowers, the government can soon begin collecting repayments from tax refunds, withholding Social…