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CNN 5 Things

Defaulted loan collection, Alcatraz order, Gaga bomb plot & more

CNN 5 Things

CNN

Daily News, News

3.71.3K Ratings

🗓️ 5 May 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

We’ll tell you what today’s restart of defaulted student loan collection means for borrowers. President Donald Trump takes his trade war to the movies. Meanwhile, the president says he’s ordering the reopening of Alcatraz. Israel's Security Cabinet is expanding military operations in Gaza and a new framework to deliver aid. Plus, Brazilian authorities say they’ve made arrests over an alleged bomb plot at a Lady Gaga concert. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Last year, Amazon was the world's largest corporate buyer of renewable energy.

0:07.0

Meaning all and more of our energy comes from wind farms like this one.

0:14.0

Guys, what happened to recording that the solar bomb?

0:18.0

To learn more, visit about amazon.com.

0:23.6

U.K. forward slash sustainability.

0:31.6

From CNN, I'm Charlie Drever with the five things you need to know for Monday, May 5th.

0:38.3

The Department of Education is restarting collections of student loans in default today,

0:43.3

putting millions of borrowers at risk of having their benefits and wages garnished.

0:48.3

The move comes as the Trump administration works to dismantle the department

0:53.3

and aggressively roll back former President

0:55.5

Joe Biden's policies, including those around loan forgiveness.

1:00.0

For the details, here's CNN's Julia Benbrook.

1:03.3

The department said that more than 5 million borrowers are in default and that that number

1:07.5

could rise over the next few months.

1:09.1

In fact, the department says that there are four million additional borrowers in late-stage

1:14.6

delinquency, which occurs after 90 days without payment.

1:18.2

The Education Department has urged borrowers in default to contact the Student Aid Office's

1:23.0

default resolution group and take action by making a monthly payment, enrolling in an income-driven

1:28.6

repayment plan or signing up for loan rehabilitation.

1:33.8

President Donald Trump is extending his trade war to the cinema by ordering a 100% tariff

1:41.2

on foreign movies.

1:43.1

In a post on his social media platform Truth Social yesterday evening, the president said that

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