The Education Department’s move to resume collections on millions of student loans after a five-year pause sets the stage to ...

Student loan borrowers counting on student loan forgiveness via former President Joe Biden’s Saving on a Valuable Education plan (more commonly known as the SAVE plan) will likely see it ...

Starting Monday, the Education Department will resume reporting defaulted student loans to collections agencies, potentially affecting as many as 5 million borrowers. The Department of Education ...

The Trump administration restarted involuntary collection of defaulted federal student loans on May 5, 2025, after a five-year pause. The Department of Education will notify borrowers in default ...

Corrections and clarifications: This story has been updated to reflect that President Donald Trump initially paused student loan payments ... repayment plans must update the plans each year ...

Another credit agency is ringing the alarm bell on student loan delinquencies just as the Department of Education is resuming involuntary collections on defaulted debt. An all-time high 20.5% of ...

WASHINGTON, D.C., USA — Starting Monday, the Education Department says student loans that are in default will be referred for collections. Beginning May 5, the department will begin involuntary ...

We asked what you wanted to know about student loans. Today, we have the answers ... “Is there any update on the SAVE plan?” The Trump administration intends to end the plan if courts don ...