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The Trump administration is reportedly preparing to restart collections on defaulted federal student loans, with private debt collectors potentially beginning work as soon as November, according to Forbes.

Borrowers could face deductions of up to 15% of their disposable pay, withheld tax refunds and a portion of certain federal benefits, including Social Security. This applies to borrowers in default, not everyone with student debt.

Read more stories like this at OnsiteGlobalMedia.us (link in bio).

Source: Forbes; Federal Student Aid
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Posted On: October 20th 2026, 08:50 pm
The Trump administration is reportedly preparing to restart collections on defaulted federal student loans, with private debt collectors potentially beginning work as soon as November, according to Forbes.

Borrowers could face deductions of up to 15% of their disposable pay, withheld tax refunds and a portion of certain federal benefits, including Social Security. This applies to borrowers in default, not everyone with student debt.

Read more stories like this at OnsiteGlobalMedia.us (link in bio).

Source: Forbes; Federal Student Aid
Comments (454)
lakeisha54631 a few seconds ago

lakeisha54631

🖕🏾

jim1lennox 42 minutes ago

jim1lennox

More cruelty to a group he has not screwed enough yet.

ummi_ofmany_6 2 hours ago
audacityptrish 2 hours ago

audacityptrish

Take all the taxes I pay and put it towards my student loans……

tieranewhouse 4 hours ago

tieranewhouse

Broke sht

conryan22 5 hours ago

conryan22

All debts must be paid. There is no forgiveness. Previous Admin lied and defied the Supreme Court. Unfortunately...these are facts

scarv1172 6 hours ago

scarv1172

Good. You take a LOAN out you have to PAY IT BACK.

oohwee_nelly 6 hours ago

oohwee_nelly

This what yall voted for…congratulations.

k1ng_ceez 6 hours ago

k1ng_ceez

Get him out of office right now!!!!!

peterhugh1213 8 hours ago

peterhugh1213

Go find a tall tree 🌳 and a short rope and get it overwith. Please 🙏

devilin6sick6 9 hours ago

devilin6sick6

Gut his whole family financially when this starts to get cleaned up. All his crooked backers too.

thebriadione 9 hours ago

thebriadione

I paid my Lil $20.

theconnection92 9 hours ago

theconnection92

Ofc!! They want to punish the americans who are educated...uneducated americans are easier to force the ideas and belief that more govt and regulations are bad and that it's blk and brown ppl's fault !! 🙃🙃🫠

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