Being in default on a federal student loan means the borrower has gone a long period without making required payments and ...

Major new updates announced by the Education Department this month could impact millions of Americans with federal student ...

Preston Cooper at AEI recently published an analysis of the latest federal student loan data, and the results were sobering: 5.5 million borrowers in default, another 3.7 million more than 270 days ...

The best thing to do when wages are being garnished is to try to lower your expenses and possibly explore consolidation ...

The Education Department quietly announced that there are no plans to restore a tracker that had allowed borrowers to assess ...

The Department of Education is placing a $65,000 cap on the Parent PLUS program in July, limiting the amount of student loans parents can take on.

Millions are at risk of student loan default as collections intensify. Discover essential steps to avoid harsh consequences.

The wage garnishment announcement marks a departure from past handling of student loan borrowers in default. Since March 2020 ...

A spokesperson for the federal Department of Education said the agency will send the first notices to defaulted borrowers in ...

Starting in 2026, student loan forgiveness will be taxable at the federal level. This could cost the average borrower thousands in taxes.

Student loan debt hits $1.65T, defaults rise, and wage garnishments loom—learn key impacts on consumer credit and how to ...

By law, the feds can seize up to 15% of a borrower’s disposable pay if they have defaulted on federal student loans — without ...