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This month, the federal government began taking action against student loan borrowers with accounts in default. In this episode of Making Cents of Money, learn what that means for borrowers and what options might be available.


Show Notes:

Cunningham, M. (2025, May 5). Student loan collections resume as record number of borrowers fall behind. CBS News. https://www.cbsnews.com/news/defaulted-loans-restart-collection-delinquency-may-5/
 
Dunbar, M. (2025, May 6). US student loan collections resume: Here's what you need to know. The Guardian. https://www.theguardian.com/us-news/2025/may/06/us-student-loan-collections-explainer
 
Federal Student Aid. (n.d.). Rehabilitated loan. U.S. Department of Education. https://studentaid.gov/help-center/answers/article/loan-rehabilitation
 
Federal Student Aid. (n.d.). What is the difference between student loan delinquency and default? U.S. Department of Education. https://studentaid.gov/help-center/answers/article/what-is-difference-between-loan-delinquency-and-default
 
Hanson, M. (2025, March 16). Student loan debt statistics [2025]. Education Data Initiative. https://educationdata.org/student-loan-debt-statistics
 
Kim, J. (2024, September 30). Deadline for Fresh Start defaulted student loans program gets extended. NPR. https://www.npr.org/2024/09/30/nx-s1-5133296/student-loan-default-fresh-start-explainer
 
Prater, N. (2025, May 6). Trump administration gets aggressive on student-debt collection. New York Magazine. https://nymag.com/intelligencer/article/trump-admin-gets-aggressive-on-student-debt-collection.html
 
Reyes, Y., & Lalljee, J. (2025, May 7). What Floridians should know as student loan penalty pause ends. Axios Tampa Bay. https://www.axios.com/local/tampa-bay/2025/05/07/floridian-student-loan-penalty-pause-ends
 
Student Loan Borrower Assistance. (2024, September 20). Fresh Start ends Sept. 30: What borrowers need to know. https://studentloanborrowerassistance.org/fresh-start-ends-sept-30-what-borrowers-need-to-know/
 
TransUnion. (2025, May 5). As federal collections activity resumes, more than one in five student loan borrowers are 90+ days delinquent. https://newsroom.transunion.com/may-2025-student-loan-update/
 
U.S. Department of Education. (2025, April 21). U.S. Department of Education to begin federal student loan collections and other actions to help borrowers get back into repayment. https://www.ed.gov/about/news/press-release/us-department-of-education-begin-federal-student-loan-collections-other-actions-help-borrowers-get-back-repayment


Episode 110: Federal Student Loan Updates

A very important week is here for the Magic. A two-night Draft where Orlando currently holds the 25th, 46th, and 57th picks. Will they use all three? Do we see trades and/or cash considerations make an appearance? Decisions still need to be made on the team options for Moritz Wagner and Caleb Houstan. And then free agency begins the night of June 30th before a Paolo Banchero contract extension announcement occurs.

Orlando has some roster gaps to fill after the Desmond Bane trade. There’s still a need for a sixth man scorer, point guard bench help, and a look at the center position. So of the draft, trade, and free agency options available, which routes get taken? 

All of that and more!

#LetsGoMagic 

Warning: Adult Language



175. Filling in Gaps; Draft Time

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OTCB

Aaron Ku
Series: I am: More than you ever expected
John 13:36 - 14:11
St John's Downshire Hill - Sunday 13th July 2025

I am the way, the truth, and the life - John 13:36 - 14:11

The Penny & Pops Podcast is hosted by Adam Papageorgiou (Pops) and Spenser Strode (Penny). All matters Orlando Magic basketball are discussed. The opinions expressed are local and strong. This is the longest running podcast (since 2009) dedicated to talking Orlando Magic basketball.

We are the two most knowledgeable people when it comes to Orlando Magic history that you can listen to. We aim to present unique viewpoints that you won't find in traditional media outlets. We want to bring a passionate piece of Orlando to your listening devices. 

*Warning* Episodes may and probably do contain profanity.

RIP to MagicBasketballOnline.com

Please rate and review us. We do this for fun and for your entertainment. For feedback or questions you may want answered on the podcast, tweet at us @SpenserStrode or find us on Bluesky @adampapageorgiou.bsky.social

An Anglican evangelical church close to Hampstead Heath. Living for Jesus, sharing his good news.

New tracks tagged #Option