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Student loan collections to be restarted: Here’s what you need to know
It’s the final piece of the student loan system to resume after payments were first paused in the early days of the COVID-19 pandemic in 2020, according to The New York Times. Student loans enter default after borrowers skip payments for a certain amount of time,
President Donald Trump has announced plans to start collecting payments for defaulted federal student loans starting in May.
The U.S. Department of Education will resume the collection of defaulted federal student loans in May, but lots of people ...
The change ends a pandemic-era pause in negative credit reporting and renews pressure on borrowers who remain behind on payments.
In the midst of the coronavirus outbreak, millions of Americans are also worrying about how they'll pay the bills ... their credit reports. How long does student loan debt stay on your credit ...
If you log in to your account on the federal website, StudentAid.gov, you’ll find your dashboard with details on how much you ...
Pursuing a higher education is typically a worthwhile endeavor, but it can still be a costly one. If you’re feeling overwhelmed by the amount of student debt you owe, here are seven suggestions ...
The hammer is coming down on federal student loan borrowers who haven't been making payments. The Department of Education on ...
The Trump administration has long ... student debt. "We must get our fiscal house in order and restore common sense to our country," Leavitt said. "If you take out a loan, you have to pay it ...
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