By Ali Watkins The Department of Education will resume collections on defaulted student loans on May 5, it said on Monday, warning that borrowers could be referred to debt collectors or enrolled ...

By Stacy Cowley After a five-year pause on penalizing borrowers for not making student loan payments, the federal government dropped the hammer. It instructed its loan servicers to start reporting ...

The Department of Education announced Monday that it will resume collections on student loan debt next month, including by garnishing the wages of borrowers in default. Collections, which have ...

Golub Capital quickly bought a large amount of leveraged loans this week to take advantage of prices dropping significantly, according to people with knowledge of the matter. French bank Societe ...

President Trump’s education boss Linda McMahon has defended the administration’s decision to resume student loan debt collections — insisting that greedy colleges have “profited massively ...

"On May 5, we will begin the process of moving roughly 1.8 million borrowers into repayment plans and restart collections of loans in default," McMahon wrote in the op-ed Monday. "Borrowers who ...

She is the Economics Editor for news at Investopedia. GILKIS - Damon Hyland/Getty Images More changes are coming for student loan borrowers enrolled in income-driven repayment plans. The ...

Gold loan company stocks partially recovered from their earlier steep losses on Wednesday after Reserve Bank of India (RBI) Governor Sanjay Malhotra clarified that the central bank was not ...

More than 9 million Americans could see “substantial declines” in their FICO scores in the coming months as delinquent student loans begin showing up on credit reports for the first time since ...

Saudi Arabia-headquartered investment firm The Arab Energy Fund has agreed to provide a $100 million private loan to Chinese oil company United Energy Group Ltd., according to a person familiar ...

SoFi Technologies (NASDAQ:SOFI) is set to expand its loan platform business after securing $3.2B in new commitments from ...