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Involuntary collection begins May 5. For some students, it will be the first time they've ever had to confront the obligation of repaying their debt.
In a Wall Street Journal op-ed, U.S. Secretary of Education Linda McMahon explained the U.S. Department of Education’s ...
The Department of Education announced they would resume collecting on defaulted student loan payments on May 5.
The U.S. Department of Education will begin collecting some debts from defaulted student loan borrowers through wage garnishments.
Borrowers in default could see their wages garnished or Social Security benefits seized. Here’s what you need to know.
The Department of Education says it’s getting ready to restart collections on federal student loans that are in default. The ...
The Trump administration is taking a different approach to student debt and many borrowers will notice it right away. In May, ...
If you haven’t been making payments on your federal student loans, you could soon find yourself sent to collections with your wages garnished following the return of a Department of Education ...
The plan to resume debt collection for borrowers in default could put people in a precarious financial position amid a faltering economy.
A federal student loan is considered in default after 270 days of non-payment. Borrowers can check their loan status by ...