The Coming Student Loan Default Crisis

Hello everyone, and welcome to my channel @NewYorker53. I found this article on TikTok thanks to @cbsmornings for sharing this video. 5.3 million people have student loans in the United States, and as of May 2025, they are now in default. President Trump has now ordered folks start paying back these loans or could be garnished. People's income tax returns could be taken to pay what is owed. Folks who are federal workers could have their wages garnished, too.

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