What student loan borrowers need to know ahead of mandatory collections

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Starting May 5, the Department of Education is resuming debt collection on loans that went into default before the pandemic. ABC News’ Alex Presha and Alexis Christoforous report. Subscribe to ABC News on YouTube: https://abcnews.visitlink.me/59aJ1G Watch 24/7 coverage of breaking news and live events on ABC News Live: https://www.youtube.com/watch?v=gN0PZCe-kwQ&ab_channel=ABCNews Watch full episodes of World News Tonight with David Muir here: https://youtube.com/playlist?list=PLQOa26lW-uI8ixlVw1NWu_l4Eh8iZW_qN&feature=shared Read ABC News reports online: http://abcnews.go.com ABC News Digital is your daily source of breaking national and world news, exclusive interviews and 24/7 live streaming coverage. ABC News is the home to the #1 evening newscast “World News Tonight” with David Muir, “Good Morning America,” “20/20,” “Nightline,” “This Week” with George Stephanopoulos, “ABC News Live Prime” with Linsey Davis, plus the daily news podcast “Start Here.” —–– Connect with ABC News on social media: Facebook: https://www.facebook.com/ABCNews Instagram: https://www.instagram.com/abcnews TikTok: https://www.tiktok.com/@abcnews X: https://twitter.com/ABC Threads: https://www.threads.net/@abcnews WhatsApp: https://whatsapp.com/channel/0029VajTNakKWEKkXoAPIR11 LinkedIn: https://www.linkedin.com/company/abcnews