Many changes to student loans will happen on specific dates over the course of the next three years. Here’s a breakdown.
Key Points ・Settling federal student loans for less than you owe is rare and usually happens only after default. ・Private ...
This spike was inevitable. Federal student-loan borrowers had their payments (and interest) paused for almost four years, meaning millions were out of the habit of making payments. They then resumed ...
Starting next week, the Education Department said student loans that are in default will be referred for collections. Roughly 5.3 million borrowers nationwide are in default on their federal student ...
The government shutdown that began on October 1, 2025, has sparked uncertainty for millions of federal student loan borrowers. While some major functions remain in motion, many se ...
The Department of Education will start collecting student loans that are in default on May 5. Borrowers who are in default on their loans could have their wages garnished. Millions of borrowers are ...
Some student loan borrowers face wage garnishment. Student loan borrowers in default could have up to 15% of their wages garnished by the U.S. government starting later this summer. Nearly 2 million ...
Stream Connecticut News for free, 24/7, wherever you are. Between their credit card balances, mortgages, auto loans, home equity lines of credit and student debt, Americans owe a record $18.2 trillion ...
The Education Department won't target the Social Security payments of defaulted student-loan borrowers for now, but is still moving forward to offset tax refunds and pursue wage garnishments Earlier ...