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After a nearly three-year freeze on mandatory payments, the U.S. Department of Education is phasing out its lenient approach ...
The Biden administration stopped doing this temporarily during the pandemic. A federal student loan goes into default after ...
In all, some 42 million borrowers owe more than $1.6 trillion in student debt, according to the DOE. If the borrowers ...
A federal student loan is considered in default after 270 days of non-payment. Borrowers can check their loan status by ...
"The Biden administration didn’t need to collect student loans. The Trump administration doesn’t need to either. Student debt ...
Those in default on their federal student loan debt could have their wages. tax refunds and federal pensions garnished, the ...
Many student loan borrowers can also seek assistance from their state governments for help with their loans if they're ...
The Trump administration’s plan to begin collecting defaulted college loan payments from millions of borrowers risks ...