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U.S. student loan borrowers face renewed default actions under Trump administration
The Trump administration has restarted default notices for student loan borrowers, raising concerns over wage garnishment and financial stress for households already under pressure.
Federal agencies have begun issuing notices to student loan borrowers in default as the Trump administration moves toward resuming wage garnishment and collection efforts. The step marks a shift away from pandemic-era leniency and signals a tougher enforcement stance on federal debt recovery. The move could strain household finances, particularly for lower-income borrowers already coping with inflation and higher living costs, potentially affecting consumer spending trends.