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NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research on recent developments in federal student loan default collection policies and their likely impact on securitized consumer credit fundamentals. The Department of Education (DOE) on April 21 announced it would resume collections on defaulted student loans starting May 5. Although the resumption of collections on defaulted federal student loans presents a clear headwind to consumer credit fundamentals, we do not anticipate a severe or widespread d