Education Student debt collections resume, targeting borrowers least able to pay by Kalena Thomhave • Capital & Main July 14, 2025, 2:13 p.m.

More people are falling behind on debt, but fewer are in collections Just before the pandemic, the New York Fed found that about 9% of people had bills that ended up in collections. Now, less than ...

Education Department To Resume Student Loan Debt Collection For Student Loan Borrowers In Default Federal student loan borrowers who have defaulted on their loans face harsh consequences.

The morality stems from the fact that many debtors with charge-off debt in collections are likely to have lost their jobs, making it much more difficult to pay for basic necessities despite ...