News

Some student loan borrowers mistakenly believe they're in default. Meanwhile, those who have defaulted can take steps to get ...
With the Department of Education this month resuming collections on student loans, millions of Americans are at risk of having their wages garnished.
The Department of Education is resuming collecting payments on defaulted federal student loans as of May 5, and is threatening to garnish wages, withhold tax refunds, and other punitive measures.
Borrowers who are roughly a year behind on their loans could face harsh consequences such as having their Social Security benefits taken and their wages garnished.
The Education Department says millions of borrowers in default will have a chance to make a payment or sign up for a ...
More than 450,000 borrowers in that age group are in default on their federal student loans and likely to be receiving Social Security benefits, the Consumer Financial Protection Bureau found.
Don't wait to get back on track with student loans. Falling behind could hurt your credit score and have even more serious ...
The Trump administration is resuming collection of loans that are in default. According to the U.S. Department of Education, about 5 million borrowers have defaulted on their student loans. And ...
The Consumer Financial Protection Bureau estimated in January that 452,000 people aged 62 and older have student loans in default.
Social Security beneficiaries are at risk of receiving a smaller benefit if they’ve fallen behind on their student loans.
Serious delinquencies on student loans jumped tenfold at the start of 2025, shortly after lenient pandemic-era policies came ...
CNBC spoke with some of the student loan borrowers in default who are bracing for the consequences of wage garnishments and ...