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Department of Justice (DOJ) officials have filed only one delinquent student loan collection lawsuit since before the 2020 election, a downward trend that began in 2011 when nearly 4,500 cases went to court, a new data analysis shows.
“Despite student loan debt now topping $1.7 trillion, the latest case-by-case court records analyzed by the Transactional Records Access Clearinghouse (TRAC) show that civil suits filed to recover federal student loan debt have become increasingly rare, even before pandemic relief provided a collection moratorium,” TRAC said in a statement on May 19.
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