Navigating Student Debt in Today's Economy

This chapter addresses the resumption of forced collections on defaulted federal student loans after a five-year pause, examining the implications for borrowers and the economy. It highlights the urgent need for better financial education and structural changes in higher education to manage rising tuition costs and the burden of student debt. The discussion also reflects on the disparities in borrower experiences and the societal pressures facing young people as they approach college.

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