The Education Department is set to soon start docking the paychecks of defaulted borrowers.
Student loan borrowers in Texas could soon see their paychecks shrink as the federal government begins notifying people this ...
More than seven million borrowers may soon see student loan payments skyrocket as the Education Department implements a ...
Federal student loan borrowers in default could soon see their wages garnished or Social Security checks withheld after Jan.
The Education Department may start accelerating student loan forgiveness processing in February. The update may be good news ...
A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.
A provision that made student-loan forgiveness tax-free is expiring in 2026. It could put borrowers on the hook for thousands ...
Wage garnishment "is a scary concept since they can take 15% of after-tax income," Ashley Morgan, debt and bankruptcy ...
David Chatman, 51, said he's going through bankruptcy proceedings because he cannot afford his student-loan payments without the SAVE plan.
The U.S. Department of Education is expected to begin garnishing wages to pay for defaulted student loans in the coming weeks ...
While some routes to loan discharges have been blocked or delayed in 2025, the Department of Education has still granted borrowers billions of dollars in forgiveness.
Being in default on a federal student loan means the borrower has gone a long period without making required payments and ...