The U.S. Department of Education announced that its Office of Federal Student Aid would resume collections of its defaulted federal student loan portfolio on Monday, May 5, 2025. (https://www.ed.gov/about/news/press-release/us-department-of-education-begin-federal-student-loan-collections-other-actions-help-borrowers-get-back-repayment) The current economic climate offers an opportunity to reassess the path of college and the risk of debt accumulation for graduating seniors who are charting their […]
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