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Those who haven't paid on their debt for nine months or more now face the harsh realities of debt collection. Here's what to ...
Key Points ・Borrowers who reach 120 qualifying payments under PSLF may see a green banner on StudentAid.gov confirming ...
If your loans are in default and you received a letter that your account will be transferred to collections, here's what to ...
This summer, the office will order the employers of borrowers to withhold a portion of the employee’s income to pay off the loans. It is known as a notice of administrative wage garnishment.
Nearly 200,000 federal student loan borrowers were notified this week that their wages and benefits are about to be seized by ...
The U.S. Department of Education has restarted its efforts to collect on defaulted federal student loans, a significant ... from the historical 65-day notice period, indicating a more aggressive ...
The USDA's Farm Service Agency (FSA) typically offers loans to farmers who have trouble accessing credit through traditional lending institutions. The letter, led by U.S. Sen. Amy Klobuchar ...
The Trump administration’s latest threat to colleges and universities: Get your former students to pay back their loans or future ... according to a notice the Education Department sent Monday.
Wage garnishment for defaulted student loans has officially resumed. Here’s who’s at risk, how it works, and what borrowers can do to avoid losing part of their paycheck.
The Department of Education restarts collections of loans in default on Monday, putting millions of borrowers at risk of having their benefits and wages garnished.
First, find out if your loans are in default. From there, you can take steps to enter repayment or prepare for your paycheck to be docked up to 15%.