What student loan borrowers need to know ahead of mandatory collections

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:    • LIVE: Latest News Headlines and Event...   Watch full episodes of World News Tonight with David Muir here:    • ABC World News Tonight with David Mui...   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:   / abcnews   Instagram:   / abcnews   TikTok:   / abcnews   X:   / abc   Threads: https://www.threads.net/@abcnews WhatsApp: https://whatsapp.com/channel/0029VajT... LinkedIn:   / abcnews