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 ...
Key Points ・Defaulting on federal student loans carries heavy financial consequences and is more expensive than simply ...
People leave the Student Center building on Monday, July 28, 2025, at the Ankeny campus of Des Moines Area Community College in Ankeny, Iowa. With pauses in required student loan repayment ending, ...
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 ...