Collections on defaulted federal student loans will resume on May 5, after a five-year pause. Wage garnishment and Treasury ...

The federal Department of Education is cracking down on student loan debt. It will resume collecting defaulted payments soon.

Five years after the DOE halted collections on defaulted student loans due to COVID-19, collections are scheduled to resume ...

Student loan collections restart May 5, 2025. Here’s what happens if you don’t pay your defaulted loans and how quickly the U ...

In an announcement this week, the department warned that millions of borrowers could be referred to debt collectors and see ...

The Department of Education has not collected on defaulted student loan payments since the beginning of the COVID-19 pandemic ...

Defaulted federal student loans will enter collections starting May 5. Here’s how to check your status and avoid wage ...

Here’s what student loan borrowers need to know about the Department of Education’s crackdown on defaulted federal student ...

In all, some 42 million borrowers owe more than $1.6 trillion in student debt, according to the DOE. If the borrowers currently in late-stage delinquency were to default on their own loans, it would ...

In a Wall Street Journal op-ed, U.S. Secretary of Education Linda McMahon explained the U.S. Department of Education’s ...

The Department of Education announced it will resume some federal student loan collections in May. Here's what to know for ...