5 Ways Student Loan Borrowers Can Prepare For Changes This Year As Loan Forgiveness Dims

Contributing sentiments towards policy:

49% : As President Joe Biden leaves behind a mixed student loan forgiveness legacy, Donald Trump is set to return to the White House in less than two weeks.
49% : This will put defaulted federal student loan borrowers squarely in the government's crosshairs.
47% : Borrowers who remain in default on their federal student loans could soon be subject to draconian measures including negative credit reporting, massive collections costs and penalties, administrative wage garnishment, interception of federal tax refunds, denial of new federal student aid, and even offset of Social Security benefits.
42% : Now is the time for defaulted student loan borrowers to evaluate their default resolution options and start taking steps to get their loans back into good standing again.
38% : Trump is unlikely to revive these initiatives once he returns to the White House later in January.

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