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The Department of the Treasury and Department of Education have already collected almost $100 million in loans after resuming ...
Kentucky Higher Education Student Loan Corp is preparing to issue $95.3 million in student loan revenue bonds, supported by a ...
In a recent court filing, the Education Dept. disclosed that 1,985,726 income-driven repayment plan applications were still ...
The interest rates on federal student loans are likely to decline slightly in the 2025-2026 academic year, according to an estimate by higher education expert Mark Kantrowitz. A drop in interest ...
The Trump administration restarted involuntary collection of defaulted federal student loans on May 5, 2025, after a five-year pause. The Department of Education will notify borrowers in default ...
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Education Officials Confirm Student Loans in Default to Be Referred to Debt CollectionOfficials have confirmed, “American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies.” Approximately 5.3 million borrowers are in default on ...
The U.S. Department of Education ... student loan portfolio will be in default. Only 38% of borrowers are in repayment and current on their student loans. Most of the remaining borrowers are either ...
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 ...
Washington — The Education Department ... No federal student loan has been referred to collections since March 2020 when President Trump paused payments and interest accrual during the COVID ...
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