Borrowers who are behind on federal debts may be subject to wage garnishment and could see their credit scores take a ...

Federal legislation signed into law this month rewrites student loan and grant policy with the goal of frugality, with ...

Nearly 6 million Americans are over 90 days late on student loans, risking up to 15% paycheck withholding under renewed ...

Almost 2 million people who took loans for school might not be able to pay back and could have their pay cut as soon as July ...

The Education Department said Monday it will be restarting "involuntary" repayment of federal student loans that are in default. ... Wages will be garnished following a 30-day warning, it added.

The Education Department is resuming 15% wage garnishment of student loans borrowers paychecks for defaulted federal student loans. Here’s who’s at risk and what to know.

The Department of Education says it will resume collections on defaulted student loans on May 5, ... their monthly payment amount and — if they're in default — a warning message that says so.

Student loan borrowers who faced default in recent months have seen their credit scores plummet an average of 63 points. The impact is even more severe on people with higher credit scores.

Student Loan Defaults Spike As Trump Ends Pause On Late Payment Tracking — Black Borrowers Hit Hardest. Black student loan debt carriers are overrepresented relative to their share of the ...

The U.S. Department of Education’s plan to begin collecting federal student loans in default has caused anxiety among some Maryland graduates, while others say the time has come for them to a… ...