Student loan borrowers face an ominous deadline as Labor Day approaches. The Trump administration announced earlier this year that it planned to resume collections for borrowers behind on their student loan payments, setting a deadline of “later this summer.”

In May, the Education Department began sending an estimated 195,000 student loan borrowers in default notifications that their federal benefits would be subject to collections, starting in June. The agency said that later in summer all 5.3 million defaulted student loan borrowers would receive notices that their wages could be garnished. The Trump administration hasn’t announced an official date, but with summer almost over, student loan holders should expect the changes imminently.

Student loan payments were paused early in the pan

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