Federal Student Loan Collections to Restart in May After Biden-Era Freeze

The loan repayment push aims to stabilize the $1.6 trillion federal student debt portfolio and reduce taxpayer burden amid rising delinquency.
Federal Student Loan Collections to Restart in May After Biden-Era Freeze
The Department of Education building in Washington on July 6, 2023. Madalina Vasiliu/The Epoch Times
Tom Ozimek
Updated:
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Federal student loan collections—including wage garnishment—will resume within weeks, the Education Department confirmed on April 21, ending a five-year freeze and setting the stage for millions of defaulted borrowers to face renewed enforcement.

The move, announced in a Monday press release, marks the formal end of a years-long pause on federal student loan collections that began in March 2020 under President Donald Trump during the COVID-19 pandemic and was extended multiple times by the Biden administration.
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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