Student loan default doesn’t mean your credit is ruined for life. While missed payments and a default will show up on your ...

By Ali Watkins The Department of Education will resume collections on defaulted student loans on May 5, it said on Monday, warning that borrowers could be referred to debt collectors or enrolled ...

WASHINGTON – Since the COVID-19 pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of not paying back their loans. That's about to change ...

The Department of Education will start collecting student loans that are in default on May 5. Borrowers who are in default on their loans could have their wages garnished. Millions of borrowers ...

Roughly 5.3 million borrowers who have not made a student loan payment in more than 360 days are currently considered in default and will be the first to feel the effects. In addition, around 4 ...

The United States Department of Education announced on April 21 that its Office of Federal Student Aid will resume collections on defaulted federal student loans on May 5. The department has not ...