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 ...

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 ...

If you haven’t made federal student loan payments since October 2024, you might default in July or August. Here’s how to get back into good standing ASAP. Many, or all, of the products featured on ...

Key Points ・Defaulting on federal student loans carries heavy financial consequences and is more expensive than simply ...

With nearly 12 million borrowers behind on their federal student loans, there is a coming tidal wave of loan defaults.

If you're in default on your loans, the pause gives you time to take action before your Social Security benefits are at risk. Dashia is the consumer insights editor for CNET. She specializes in ...

Adam Palasciano is a writer over three years of experience writing about personal finance, investing, student loans, and more, for outlets like GOBankingRates, FinanceBuzz, The Penny Hoarder, and Wall ...

There’s a dirty little secret of the student debt crisis. One that affects millions of borrowers, but isn’t talked about at dinner tables, on social media or in think pieces about student loans. The ...