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 ...

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 ...

The process will begin on May 5, with the actual wage garnishment to begin in the coming weeks given the required 30-day ...

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 ...

Student loan collections resume May 5, with wage garnishment and tax refund seizures targeting millions in default. WASHINGTON - The Education Department will start collection next month on student ...

The Department of Education announced Monday it will restart collections on defaulted federal student loans on May 5, ...

The loophole in the student loan system means older students, who will probably never repay their debt, can study at the ...