#Latest news with #loanServiceWashington Post26-05-2025BusinessWashington PostTrump is right: Those student loans need to be repaidCovid is over. It's no longer a mass social phenomenon that can justify emergency measures. We've acted on that logic in almost every area of American life. It's time that the covid era ends for student loans, too. That's what the Trump administration is doing by resuming efforts to collect from delinquent borrowers. On May 5, over Democratic objections, it began a process that will lead to garnishing wages and redirecting tax refunds to loan service.
Washington Post26-05-2025BusinessWashington PostTrump is right: Those student loans need to be repaidCovid is over. It's no longer a mass social phenomenon that can justify emergency measures. We've acted on that logic in almost every area of American life. It's time that the covid era ends for student loans, too. That's what the Trump administration is doing by resuming efforts to collect from delinquent borrowers. On May 5, over Democratic objections, it began a process that will lead to garnishing wages and redirecting tax refunds to loan service.