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THAT IS ABOUT TO CHANGE. WE SPOKE TO AN EXPERT STARTING MAY 5TH, THE U.S. DEPARTMENT OF EDUCATION SAYS IT’S TIME FOR BORROWERS WITH FEDERAL STUDENT LOANS IN DEFAULT TO PAY UP THE STUDENT LOAN ...
WASHINGTON — Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their federal ...
Education Secretary Linda McMahon confirmed that collections will soon be enforced on outstanding and defaulted student loans, ending a period of uncertainty and loan forgiveness. But do you even ...
Like millions of Americans, MaNesha Stiff is anxious about the future of her student loans. She has about $200,000 in debt and though she’s managing it for now — she hasn’t been asked to ...
Education Secretary Linda McMahon said student loan borrowers must be “accountable” for their resuming payments and that the department is working to ease the difficulty in repaying these debts.
PHILADELPHIA (WPVI) -- The US Department of Education says it will begin mandatory collections on defaulted student loans. Next month, for the first time since student loan payments were paused ...
(CNN) — The Department of Education announced on Monday that it will restart collecting federal student loans in default on May 5, ending a pandemic-era pause that began roughly five years ago.
Policies of the Trump administration are having a separate effect on higher ed, namely, student loans and debt. Next month, the Department of Education will resume collections of defaulted student ...
(NEXSTAR) — If you haven’t been making payments on your federal student loans, you could soon find yourself sent to collection with your wages garnished following the return of a Department of ...
NEW YORK (AP) — Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their ...
The U.S. Department of Education confirmed it will resume collections on defaulted federal student loans starting May 5, 2025, ending a five-year pause that began during the COVID-19 pandemic.