As the default cliff approaches, 5.8 million Americans with federal student loans could soon find themselves in technical default. This staggering figure represents about one in three federal ...

It has been more than five years since referrals for collections regarding student loans in default were paused as a form of temporary financial relief during the COVID-19 pandemic. Biden’s ...

For the first time in five years, the federal government is resuming collections on federal student loans that are in default, starting May 5. Students with outstanding loans have several options for ...

After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with defaulted loans are poised ...

In a Wall Street Journal op-ed, U.S. Secretary of Education Linda McMahon explained the U.S. Department of Education's decision to restart collections on federal student loans that are in default — ...

More than 170,000 Illinois residents are behind on student loan payments and at risk of having their wages garnished as the Trump administration plans to restart collections on federal loans in ...

Starting Monday, the Education Department will resume reporting defaulted student loans to collections agencies, potentially affecting as many as 5 million borrowers. The Department of Education will ...

Student loan borrowers worried about the Trump administration's decision to resume collection activity can take these steps to get current on their loans. Getting your debt out of default can prevent ...

A loan becomes delinquent the day after you miss a payment. If you fail to make a payment by the due date, your loan is considered delinquent. This status will be reported to credit bureaus and could ...

Impacted borrowers have been in default since before the pandemic. If you’re still getting a bill from your servicer you’re not in default — yet. This page includes information about these cards, ...

(NerdWallet) – After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with defaulted ...