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The Education Department on Wednesday reopened applications for some of its most affordable student loan repayment plans but offered no timeline for processing them, a move that could create a massive ...
The U.S. Department of Education announced on Monday that it will begin collecting on defaulted student loan payments ...
President Donald Trump has announced plans to start collecting payments for defaulted federal student loans starting in May.
The Trump administration's recent changes to student ... they still qualify. Adding to the uncertainty are layoffs at the Education Department, which oversees the federal loan system.
With protections lifted, borrowers behind on their payments may soon see up to 15 percent of their wages withheld.
After months of stalled processing, new developments this month are expected to break the backlog that has kept applicants in ...
Your options to avoid collections when your student loans are in default.
Starting in March 2020, the federal government suspended payments and interest ... While debates over student loan forgiveness are still top of mind for many, the timing of the collection news ...
If your student ... additional loans, consolidation may not be an option for you." Second, understand that consolidating your loan will stop collection activity but there are still consequences.