The federal Department of Education is cracking down on student loan debt, announcing this week it will resume collecting ...

The Trump administration’s plan to begin collecting defaulted college loan payments from millions of borrowers risks ...

Borrowers in default must ask their loan servicer to be placed into such a program. Typically, servicers ask for proof of ...

The Education Department announced it is restarting the collection of payments on defaulted student loans. Here’s what to know about the decision and how borrowers can protect themselves.

According to CNN, more than 5 million borrowers are in default, with fewer than 40% of borrowers current on their loans. The ...

The Education Department said it will resume collections of its defaulted federal student loan portfolio on May 5.

Borrowers in default could see their wages garnished or Social Security benefits seized. Here’s what you need to know.

The Department of Education announced Monday it will restart collections on defaulted federal student loans on May 5, including potentially garnishing wages for millions of workers.

Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting.

Defaulting or being behind on federal student loan repayments is not uncommon, as the Education Department noted Monday that ...