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 ...
Many Americans are struggling with their student loans and millions are heading toward a default cliff, with potentially ...
When I started at the Department of Education in the 1990s, student loans were a popular middle-class benefit. College affordability or student loan debt were rarely front-page news. Our dingy offices ...
More than 5 million student loan borrowers in default may have a portion of their paychecks withheld. On May 5, 2025, the U.S. Department of Education announced that nearly 195,000 student loan ...
The federal Department of Education announced recently that it’s launching a new initiative to warn students and their families about the “benefits and risks” of taking on federal student loans. The ...
Democratic lawmakers are sounding the alarm on a move by the Trump administration they say has resulted in the government “improperly” seizing the tax refunds of defaulted student loan borrowers.
The Department of Education completed a key step last week in implementing new regulations governing student loans. This will ultimately bring major changes to loan disbursement, repayment, and ...