Millions are at risk of student loan default as collections intensify. Discover essential steps to avoid harsh consequences.
Public News Service on MSN
Student loan collections resume, putting AL borrowers at risk
As 2025 nears an end, the new year will mean nearly 43 million Americans with a student loan in default status will have to start repaying. Beginning next month, the U.S. Department of Education will ...
The Trump administration says wage garnishment for defaulted federal student loans will begin in January, ending a ...
The wage garnishment announcement marks a departure from past handling of student loan borrowers in default. Since March 2020 ...
Public News Service on MSN
UT student loan borrowers in default could face collections
As 2025 nears its end, the new year will mean nearly 43 million Americans with student loan defaults will have to start repaying. Beginning next month, the U.S. Department of Education will send ...
From paused student-loan repayment plans to new debt relief limits, 2026 brought critical changes to borrowers. There's a lot ...
A spokesperson for the federal Department of Education said the agency will send the first notices to defaulted borrowers in ...
Student loan debt hits $1.65T, defaults rise, and wage garnishments loom—learn key impacts on consumer credit and how to ...
Millions of student loan borrowers severely delinquent in their payments will see wage garnishments hit their paychecks in ...
The federal government on Monday will resume collecting defaulted student loan payments from millions of people for the first time since the start of the pandemic, officials said. The Trump ...
Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of ...
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
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