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 ...
When I started at the Department of Education in the 1990s, student loans were a popular middle-class benefit. College affordability was rarely front-page news. Our dingy offices, a converted World ...
Older Americans are increasingly retiring with student loan debt (around 7.3 million carry student loan debt)-either their own or debt taken on for their children-and in some cases, it can affect ...
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 ...
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, ...
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 ...