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The Department of Education will resume debt collections for federal student loan borrowers in default on Monday, during a ...
Americans carried a collective $1.7 trillion in student loan debt in 2024, with 92.2% of that in federal student loans, ...
When you default on your student loans, your debt is transferred out of the normal repayment servicing system. It enters ...
After a pause of more than five years, on May 5 the federal government will resume collections on defaulted student loans.
How does our Editorial Board Roundtable see the risks and potential benefits of a decision to start putting more than 5 ...
Defaulted borrowers will become subject to wage garnishment to collect their outstanding balances if they don't arrange a repayment plan.
Getting your loans out of default isn't necessarily easy, but it could save you from having your wages garnished.
The Trump administration has said that it "can and will" take the wages, pensions and tax refunds of indebted borrowers in ...
The Trump administration has restarted collections on all student loans that are in default, ending the pandemic-era pause ...
Starting Monday, the U.S. Department of Education will resume collections on loans that are in default, marking the final ...
Millions of student loan borrowers have defaulted on their student loans. Soon, borrowers face potential wage garnishments ...
The Department of Education will resume debt collections for federal student loan borrowers on Monday, during a critical ...