Tangle Trump resumes collections on student loans.
4 snips
May 29, 2025 
Ari Weitzman, Managing Editor at Tangle, dives into the complex world of student loan repayments as the Trump administration reinstates collections after a long hiatus. He discusses the drastic implications for borrowers, including wage garnishments and significant drops in credit scores. Weitzman highlights diverse opinions on these policies, weighing conservative views against the burdens faced by graduates. The conversation also touches on necessary reforms and the pressing need for accountability in addressing the student debt crisis.
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Impact of Resuming Loan Collections
- Resuming student loan collections after a long pause significantly impacts millions of borrowers, including severe credit score drops.
- The policy reflects a shift from pandemic-era relief back to traditional debt repayment, affecting borrowers' financial health widely.
Right's View on Student Loan Repayment
- The right argues that student loan repayment is essential to prevent taxpayer burden and to restore financial responsibility.
- They emphasize colleges' role to help prevent defaults and criticize Biden's loan forgiveness as ineffective.
Left's Critique of Loan Collections
- The left criticizes aggressive collection efforts as punishing struggling borrowers and worsening financial hardship.
- They question the fairness compared to lax IRS enforcement on tax debt and oppose cuts that reduce repayment options.