News

Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting.
U.S. Department of Education Secretary Linda McMahon announced the restart of involuntary collections on defaulted student ...
After a nearly three-year freeze on mandatory payments, the U.S. Department of Education is phasing out its lenient approach ...
Here’s what student loan borrowers need to know about the Department of Education’s crackdown on defaulted federal student ...
The Biden administration stopped doing this temporarily during the pandemic. A federal student loan goes into default after ...
After a five-year pause, the Trump administration is restarting collections on defaulted student loan debt. Some 9 million ...
A federal student loan is considered in default after 270 days of non-payment. Borrowers can check their loan status by ...
The Department of Education has recently announced that it will restart collecting federal student loans in default on May 5, ...
After years of paused student loan payments, millions of borrowers are still struggling to restart repayment, and some ...
In all, some 42 million borrowers owe more than $1.6 trillion in student debt, according to the DOE. If the borrowers ...
“Borrowers will now be expected to repay their loans, and those who don’t will face involuntary collections,” White House ...
Those in default on their federal student loan debt could have their wages. tax refunds and federal pensions garnished, the ...