The U.S. Department of Education announced that federal student loans in default would be sent to collections, and over five million borrowers could be subject to having their wages garnished.

Millions of defaulted student loan borrowers will face collection activities for the first time since the pandemic began.

As the Department of Education reinstates credit reporting for missed student loan payments, experts warn that borrowers' ...

The resumption of student loan payments is going to complicate the already overextended financial situation for millions of ...

This will be the first time since March 2020 that borrowers who have either chosen not to or been unable to make their ...

Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting.

After a five-year pause, the Trump administration is resuming collections on defaulted student loans, leaving millions of ...

Defaulted student loan borrowers will need to come up with a plan in the next few weeks as the Trump administration plans to ...

where she covers student loans and consumer debt. Her book on the student debt crisis, Sunk Cost, will be published in April 2025. You can follow her on Twitter @JillianBerman.

More than 5 million Americans who have defaulted on their student loans will have their wages garnished starting May 5 under ...

Through a process known as Treasury Offset Program (TOP), the federal government can offset up to 15 percent of Social ...

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