With 2026 on the horizon, student loan borrowers are facing uncertainty about how much they will be paying for their loans in the new year. Earlier this month, the Trump administration ...
The best thing to do when wages are being garnished is to try to lower your expenses and possibly explore consolidation ...
At Eastern University, students pursuing education degrees can get help repaying their student loans if they make less than $50,000 a year. The university recently expanded the program ...
Opinion
Trump Set to Garnish Wages for Student Loan Defaults; The Debt Collective Lays Out Other Options
Starting in January, the Trump administration says it will garnish the wages of student loan borrowers who haven’t been able to make their payments for at least nine months. “It’s cruel and hostile to ...
Starting in 2026, student loan forgiveness will be taxable at the federal level. This could cost the average borrower thousands in taxes.
Before wages are withheld, the Education Department must send at least a 30-day notice that explains the process.
Borrowers who are in default can either rehabilitate their loan - which requires them to make nine on-time monthly payments in 10 months - or consolidate their loan to become current again. Once ...
As 2025 is nearing an end, the new year will mean nearly 43 million Americans with a student loan in default status will have ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
People with federal student loans who are in default could soon face wage garnishment, according to the U.S. Department of ...
Some bachelor's degrees, such as a computer science major, will earn more at the beginning of their career and incur less student debt, making it easier to pay off their loans quickly.
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