Oyin Adedoyin

Oyin Adedoyin, a personal finance reporter at WSJ, discusses the impending return of collections for millions of defaulted student-loan borrowers under the Trump administration. She highlights the significant threat of wage garnishments and tax refund confiscations now looming. The conversation delves into the struggles of borrowers resuming payments after the pandemic pause, the challenges faced by many in financial distress, and the potential economic impacts of these student loan repayments on overall consumer spending.