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The federal government began collecting on defaulted student loans May 5. You have options to resolve that debt.
In rare cases, it may make sense to refinance your student loans but experts recommend taking other steps first.
Student loan debt collection resumes on May 5. Here's how borrowers can prepare to repay loans and get lower monthly payments ...
With federal student loan collections back in effect, millions of borrowers face renewed pressure. Discover your options and ...
Corrections and clarifications: This story has been updated to reflect that President Donald Trump initially paused student ... Have a Direct Loan, Federal Family Education Loan Program loan ...
As part of its move to resume collection of these debts, the government has restarted the Treasury Offset Program ... student loan servicer if they consolidate their loans. The Direct ...
federal student loans may be canceled if borrowers: Have declared bankruptcy. Have a Direct Loan, Federal Family Education Loan Program loan or Federal Perkins Loan. File a separate action known ...
"Going forward, the Department of Education, in conjunction with the Department of Treasury, will shepherd the student loan program responsibly ... them into one direct federal loan.
After those who are eligible have made 120 qualified monthly payments, roughly over 10 years, the entirety of their direct student ... potential changes to student loan programs.” ...
Only direct federal student loans qualify, so the Federal Family Education Loan and Federal Perkins Loan programs are not accepted unless you combine them into a federal direct consolidation loan.
Secretary Linda McMahon says she's redistributing Education Department programs to ... switch to a different student loan servicer if they consolidate their loans. The Direct Consolidation Loan ...