Student Loan Borrowers Face Potential Collections
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May 2, 2025 ~ Starting on May 5, student loans in default may face collection actions, including tax refund offsets and wage garnishment. Brian Walsh, head of Advice and Planning at SoFi, talks with Lloyd, Jamie, and Chris Renwick about the potential impact to millions of borrowers, and options open for borrowers to utilize to set up payment plans.
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