The Department of Education has resumed processing student loan forgiveness for borrowers in income-driven repayment plans, ...

After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with defaulted loans are poised ...

NEW YORK (AP) — Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their federal ...

4. Pay extra on the loan. If you get extra income through a second job, a bonus or tax returns, consider putting that toward ...

If your loans are in default and you received a letter that your account will be transferred to collections, here's what to do. Tiffany Wendeln Connors was a senior editor for CNET Money with a focus ...

Key Takeaways The average student loan debt in the U.S. is almost $39,000 in 2025.Those between the ages of 50 and 61 have the highest average federal student loan debt at $46,556.About 42% of ...

More than 5 million student loan borrowers in default may have a portion of their paychecks withheld. On May 5, 2025, the U.S. Department of Education announced that nearly 195,000 student loan ...

Washington money writer can afford to pay off his student loans, but he chooses not to. Here's how to figure out whether his ...

Every borrower should know their loan balance, current interest rate and monthly payment, says Joseph Price-Gault, head of ...

(NerdWallet) – After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with defaulted ...