student loan, Defaulted and Protect Borrowers
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At the current rate of processing, some borrowers with student loans eligible for loan forgiveness could be waiting many months, or even years, for a decision.
The Trump administration is delaying involuntary collections of unpaid student loans, the Department of Education announced Friday. Borrowers will be given more time to select a payment plan, pay off their loans,
Federal student loan borrowers in default could soon see their wages garnished or Social Security checks withheld after Jan. 7.
Several million borrowers may lose access to affordable payments and eventual student loan forgiveness if they don’t take specific steps by April 1, 2026.
One significant change that’s coming: all federal student loans will be streamlined under one new repayment assistance program.
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