The Trump administration resumed the involuntary collections for borrowers with defaulted student loans on May 5, 2025. According to the Department of Education, 42.7 million borrowers owe over $1.6 ...

Student loan debt collection resumes on May 5. Here's how borrowers can prepare to repay loans and get lower monthly payments ...

Jana Heartwood owes more than $40,000 in student loan debt. She says when payments resumed last year, she was not notified ...

With federal student loan collections back in effect, millions of borrowers face renewed pressure. Discover your options and ...

TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers is at risk of defaulting.

Millions of borrowers who are late on their payments may see their credit scores plummet as collection activity on federal ...

A student loan becomes delinquent when a borrower doesn't make a payment 90 days after its due date. If you continue to be ...

The Department of Education restarts collections of loans in default on Monday, putting millions of borrowers at risk of having their benefits and wages garnished.

Beginning May 5, the department will begin involuntary collection through the Treasury Department’s offset program. Borrowers who have student loans in default will receive communication from Federal ...

More than 5.3 million borrowers are at risk of wage garnishment as collections resume after a pandemic pause. Borrowers in ...

When you default on your student loans, your debt is transferred out of the normal repayment servicing system. It enters ...