Defaulted Student Loan Collections

Wednesday, April 23, 2025 at 5:40 AM

Collection of federal student loan defaults that were paused are about to start again.

The U.S. Department of Education announced the Office of Federal Student Aid will resume collections of its defaulted federal student loan portfolio on May 5th. The Department has not collected on defaulted loans since March 2020.  U.S. officials say this initiative will be paired with a comprehensive communications and outreach campaign to ensure borrowers understand how to return to repayment or get out of default.

Local News on 106.3 NBZ-FM Powered By:

  • Tag Trucking LLC

    Tag Trucking provides weekly residential pick-up and commercial dumpster services across the North Country—keeping neighborhoods clean and businesses on track. With competitive rates and dependable scheduling, we make waste removal easy and cost-effective. Ready to simplify your trash service? Let Tag Trucking do the heavy lifting—get a quote today! Call (518) 846-3344.

 

More from 106.3 NBZ-FM Local News

  • TAP Falling Behind

    NY's Tuition Assistance program is not keeping pace with increased costs a newly released report shows.

  • DEC Academy

    A group of 50 were picked from a list of 10,000 for NY State Forest Ranger and EOC Academy training.

  • Wedding Scams

    The State Division of Consumer Protection warns couples to be alert to scams when planning a wedding.

  • Olympics in NY

    An effort to bring the Olympics back to NY may be gaining traction according to backers of the idea.

  • New Lottery Game

    A new nightly multi-state lottery game starts Sunday according to the New York State Lottery.

Get 106.3 NBZ-FM on all of your devices!

On Air Now The Greg Beharrell Show 7:00pm - 9:00pm
Now Playing
Lovin', Touchin', Squeezin' Journey Download
Recently Played
First Alert Weather
ALERT
Plattsburgh, NY
Loading…
Updating…
View details ›

Let's get social!

NBZ-VIP

Be in the know of all the latest from NBZ-FM when you're a VIP!

}