Collections Temporarily Paused
Due to the COVID-19 payment pause, most collections on federal student loan debt have stopped. While the payment pause ended on September 1, 2023, the Department of Education announced a new program, called Fresh Start, to help borrowers get out of default quickly and easily before collections begin again.
The Fresh Start program will run until one year after the payment pause ends. The pause on collections will continue for all loans that are eligible for Fresh Start (loans that defaulted before the pandemic) through the end of the Fresh Start period. Don’t miss out. See our page on Fresh Start for more information about signing up for this time-limited program.
Right now there are three ways to get your loans out of default:
- sign up for Fresh Start,
- complete a loan rehabilitation, or
- consolidate your loans to get out of default.
The Fresh Start program is the easiest way to get out of default. All you have to do is make a quick phone call! The Fresh Start program is only available until the end of September 2024. Don’t miss out! See our page on Fresh Start for more information on this program.