On May 1, the U.S. District Court for the Northern District of Illinois ordered the former owner of a now-defunct debt-relief company to pay over $43 million in restitution and penalties.

The Trump administration has resumed collection efforts on student loans, affecting those in default sooner than expected.

A New York federal judge issued a nationwide order enjoining a group of private student loan lenders and servicers from ...

Trying to wipe the financial slate clean by filing for bankruptcy? Here's what to know before making your move.

Some may be wondering what the economy could look like after the Office of Federal Student Aid began collecting defaulted or ...

Student loan borrowers facing financial distress increasingly turn to a once-overlooked legal strategy—bankruptcy—to protect ...

Student loan collections will resume in the United States on May 5 after a five year pause. Here's what Tennessee residents ...

About five million borrowers are already in default, says the Education Department; millions more could be soon.

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

For decades, the student loan industry contracted through the Department of education has thrived, risk free on providing ...

The Department of Education restarted collections of loans in default on Monday, putting millions of borrowers at risk of ...

Student loan borrowers in default might have their wages garnished if they do not begin making payments on Monday, the White ...