To avoid taking on more debt than you need to, experts advise taking out low-interest loans and understanding your loan terms ...

Here’s what student loan borrowers need to know about the Department of Education’s crackdown on defaulted federal student ...

The Biden administration tried to get a lot of student loans forgiven. The Trump administration is going in a different ...

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

In a Wall Street Journal op-ed, U.S. Secretary of Education Linda McMahon explained the U.S. Department of Education’s ...

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

When a borrower defaults on a student loan, the government has the power to deduct from their Social Security checks and tax refunds to repay the debt. The government can also garnish borrowers' wages ...

A federal student loan is considered in default after 270 days of non-payment. Borrowers can check their loan status by ...

Starting May 5, the Treasury Department’s offset program will initiate involuntary collection on student loans in default.

The Department will begin collection next month on student loans that are in default, including the garnishing of wages for ...

In an announcement this week, the department warned that millions of borrowers could be referred to debt collectors and see ...

The U.S. Department of Education said on Monday it will resume collecting federal student repayments from borrowers in ...