'Fresh start': What student loan borrowers in default need to know

(NerdWallet) - When payments resume on federal student loans, borrowers with loans previously in default can receive a fresh start and re-enter repayment in good standing.The "Fresh Start" initiative is available for one year only. Borrowers must enroll if they want to take part.The program was first announced on April 6 as part of the sixth federal student loan payment pause extension. It wasn't until Aug. 18 that details emerged.Story continues belowTrending: Is chile a dying industry in New M