The U.S. Department of Education announced that federal student loans in default would be sent to collections, and over five million borrowers could be subject to having their wages garnished.

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The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials said Monday.

The U.S. Department of Education’s plan to begin collecting federal student loans in default has caused anxiety among some ...

SAN DIEGO — After more than five years, federal student loans, even those in default, are about to be sent back to ...

Currently, roughly 5.3 million borrowers are in default on their federal student loans. Referrals for collection had been put on hold since March 2020.

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This will be the first time since March 2020 that borrowers who have either chosen not to or been unable to make their ...

Elected officials make for poor applicant evaluators and even worse collectors.

The Department of Education announced in late April that student loans will resume repayment for many borrowers in May. Here's what you should know ...

This article provides an overview of how to manage student loans through consolidation and refinancing. It also discusses ...

Nearly two million federal student loan borrowers pursuing lower payments and loan forgiveness have been stuck in limbo. Now, ...