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The Department of Education will resume collections of defaulted federal student loans on May 5. The Department hasn't collected on defaulted loans since the beginning of the pandemic.
The federal government will begin debt collection on May 5 for student loans that are in default. FOX 10's Marc Martinez has the story.
If you're one of the borrowers in default, experts recommend taking these steps now: Contact the Default Resolution Group to ...
Borrowers in default must ask their loan servicer to be placed into such a program. Typically, servicers ask for proof of ...
With payments set to resume in just a few weeks, federal student loan borrowers who don't set up a repayment plan could face ...
In a Wall Street Journal op-ed, U.S. Secretary of Education Linda McMahon explained the U.S. Department of Education’s ...
If you’ve defaulted your student loan payments because of the pandemic, your grace period is almost up. Debt may be collected ...