Currently, around 42 million Americans hold federal student loans and roughly 5.3 million borrowers are in default.

Missed student loan payments could slash credit scores by 150+ points, derailing homebuying plans. Borrowers should get current and protect credit.

Borrowers in default must ask their loan servicer to be placed into such a program. Typically, servicers ask for proof of ...

Federal officials will resume collecting on defaulted student loans starting May 5, potentially affecting 5.3 million ...

The Education Department says millions of borrowers in default will have a chance to make a payment or sign up for a ...

If action is not taken by May 5, defaulted borrowers will become subject to wage garnishment to collect their outstanding balances.

The Education Department is set to resume collections on student loans in default, marking the end of a leniency period that ...

The U.S. Department of Education will resume collections on defaulted federal student loans starting May 5, potentially ...

Millions of borrowers in default will face wage garnishment and withheld government payments, intensifying financial strain.

The Department of Education announced on Monday that it will restart collecting federal student loans in default on May 5, ...

Millions of borrowers are behind on their student loans following the end of the pandemic pause and changes to the loan ...

They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has ...