Around 9.5 million people - 1 in 5 federal student loan borrowers - are in default, meaning they are more than nine months behind on their payments.
The Department of Education expects wage garnishment notices to be sent to some borrowers in default starting in January.
The Trump administration said on Tuesday that it will begin garnishing the wages of student loan borrowers who are in default early next year.
Nursing has been excluded from the grouping of "professional" degrees under Trump's federal spending bill, signed into law July.
The debt includes mortgages, car loans, credit cards and student loans.
The Trump administration has agreed to resume student loan forgiveness for an estimated 2.5 million borrowers who are enrolled in certain in certain federal repayment plans following a lawsuit from the American Federation of Teachers.