The last is yet to be heard about The Guardian’s story on illegal deductions and double institutional fee collection by 51 ...

President Donald Trump has announced plans to start collecting payments for defaulted federal student loans starting in May.

If your loans are in default, you can take steps to voluntarily enter repayment or your paycheck may be docked up to 15%.

The change ends a pandemic-era pause in negative credit reporting and renews pressure on borrowers who remain behind on payments.

If you choose to consolidate, you'll have the option of entering into an income-driven repayment plan or making three ...