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US launches new Defaulted Loans Support Center

Original: New Defaulted Loans Support Center launched by U.S. Departments of Education/Treasury

The U.S. Departments of Education and Treasury have launched a new Defaulted Loans Support Center to help borrowers with defaulted federal student loans. The initiative is intended to give borrowers a single point of assistance for resolving defaults, understanding repayment options and getting back into good standing. Details on eligibility and services remain limited, and reaction is still emerging.

Why now: Student loan borrowers affected by default are looking for guidance on the new federal assistance program.

U.S. Department of EducationU.S. Department of the TreasuryDefaulted Loans Support Center

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