🎓 Student Loan Collections Resume as Record Number of Borrowers Fall Behind After a multi-year pause, student loan collections are officially back, and millions are feeling the sting. New data shows a record number of borrowers are already falling behind, just months after repayment resumed—triggering aggressive collections, wage garnishments, and credit damage. Critics say the Biden administration failed to prepare Americans for the financial whiplash. #StudentLoans #DebtCrisis #LoanForgiveness #HigherEdReform #BETTRNews paymentshttps://www.cbsnews.com/amp/news/defaulted-loans-restart-collection-delinquency-may-5/