For the first time in five years, Trump is resuming collections for defaulted student-loan borrowers on May 5.

Point blank, if you have federal student loans that have defaulted—as in you missed too many payments, so your account was ...

After a 30-day notice, the department will begin garnishing wages for borrowers in default. Loan holders who don't make ...

Key Points ・Federal student loan collections will resume May 5, ending a five-year pause that began in March 2020. ・Borrowers ...

US President Donald Trump plans to resume collections on student loans that will result in wage garnishment and withholding ...

Trump administration officials are worried that the federal student loan portfolio is "headed toward a fiscal cliff if we don't start repayment in collections." ...

They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has ...

High school graduates this year could take on $40,000 in student loan debt to obtain their bachelor's degree, according to ...

Discover practical, actionable strategies to accelerate loan repayment without drastically altering your lifestyle, ...

While a drop in the nation’s average credit score may sound minor, it belies a major crisis for student loan borrowers.

The Education Department also shut down applications in late February for income-driven repayment plans for student loan borrowers ... from the Federal Reserve Bank of New York.

The U.S. Department of Education announced federal student loan rates for the 2024 to 2025 ... They also offer flexible repayment options, extensive borrower protections, delayed interest accrual ...