Collections on defaulted federal student loans will resume on May 5, after a five-year pause. Wage garnishment and Treasury offset are measures the government could enact to collect on student loan ...
Significant developments this month will ultimately affect millions of Americans who have federal student loans.
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5 ideas to fix America's student loan crisis
Addressing America’s student-loan crisis requires innovative solutions that tackle both the root causes and the symptoms of ...
With the U.S. government once again forwarding missed student loan payments to collections, millions of Americans are experiencing declines in their credit scores. Last month, the Education Department ...
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 ...
ST. LOUIS — Today marks nearly one month since the U.S. Department of Education resumed collection on defaulted federal student loans. This impacts more than 5 million Americans and thousands in ...
When the Trump administration first announced in April that it would soon resume student loan collection efforts, it said notices for wage garnishment would resume “later this summer.” It’s still a ...
But in the letter, Democrats say they’ve received reports from borrowers who have suddenly had their tax refunds offset. It ...
New data shows a growing problem with federal student loans. Millions of borrowers are at risk, at serious risk, of defaulting. NPR's Cory Turner explains. CORY TURNER, BYLINE: Every three months, the ...
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 borrowers are at immediate risk of wage garnishment, ...
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