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Federal government resumes collection on student debt. What you should know
The U.S. Department of Education announced on Monday that it will begin collecting on defaulted student loan payments ...
Widely criticized student loan servicer MOHELA faces investigation by multiple state attorneys general
Student loan servicer MOHELA is under investigation by multiple state attorneys general and regulators over alleged ...
Student Loans Update: Government May Garnish Millions of Borrowers' Wages
With protections lifted, borrowers behind on their payments may soon see up to 15 percent of their wages withheld.
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Department of Education announces student loan repayment changes
The Department of Education announced Monday that they will resume collections on defaulted student loans on May 5.
Collections on millions of student loans risk slowing the economy, experts say
In all, some 42 million borrowers owe more than $1.6 trillion in student debt, according to the DOE. If the borrowers ...
Student Loan Update: Trump Gives New Deadline for Garnishing Wages
The move follows the expiration of payment pauses and grace periods that began under former President Biden's administration.
Student-loan borrowers will see Social Security checks, tax refunds disappear over defaulted debt, Trump administration says
Millions of borrowers are behind on their student loans following the end of the pandemic pause and changes to the loan ...