Karoline Leavitt warns 5M student loan defaulters Biden giveaway ends

press secretary on Tuesday warned that 's 'illegal student loan bailout' program is ending and those in default must pay back their loans.

On May 5th, the Department of Education will resume involuntary collections for borrowers with defaulted federal student loans.

Of the more than 42.7 million student loan borrowers - who owe a collective $1.6 trillion - more than 5 million have not made a payment in the past year, according to the Department of Education. That number is expected to grow as an additional 4 million borrowers are approaching default status.

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