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When you default on your student loans, your debt is transferred out of the normal repayment servicing system. It enters “into what’s almost like the ‘bizarro land’ of the repayment system,” says ...
The Education Department says millions of borrowers in default will have a chance to make a payment or sign up for a ...
Borrowers now face tough choices—begin repayment or risk serious penalties such as wage garnishment and seizure of tax ...
Beginning next month, the Education Department will resume withholding money from tax refunds and Social Security benefits to pay down the debt of people in default on their student loans ...
The Department of Education says it’s getting ready to restart collections on federal student loans that are in default. The White House said it "can and will" garnish borrowers' wages ...
NEW YORK (AP) — Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their ...
After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections ... You might be getting letters saying you need to make payments ...
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