As the Trump administration ramps up its student loan collection efforts, worried borrowers need to ask themselves a key question: Am I delinquent, or in default? The answer determines your best ...

Millions of student loan borrowers saw their credit scores drop by more than 100 points after student loan payment delinquencies began showing up on credit reports again this year. Such a big drop ...

"May 5 collections on student loans will resume, and those who don’t pay will be sent to debt collectors. The department plans to garnish wages, social security checks, and tax refunds.

According to the Education Department, only about one-third of the nearly 43 million Americans with student loan debt have been making regular payments since collection paused in March 2020.

More than five million student loan borrowers who are behind on payments could face serious benefit consequences by the end of the summer. The U.S. Department of Education announced on Monday ...

The Education Department says a student loan becomes delinquent when a borrower doesn't make a payment 90 days after its due date. If you continue to be delinquent on your loan for 270 days — or ...

A BIDEN ADMINISTRATION DID NOT SEND DEFAULTED LOANS TO COLLECTIONS ONCE THE PANDEMIC PAUSE ON PAYMENTS ENDED. THAT WAS 2023. THE TRUMP ADMINISTRATION SAYS AT LEAST 5 MILLION PEOPLE FAILED TO MAKE ...

when the U.S. government also paused federal student loan payments and interest accrual as a temporary relief measure. That grace period was extended multiple times by the Biden administration and ...

After nearly five-years since the U.S. government first paused federal student loan payments and interest accrual as a temporary relief measure during the COVID-19 pandemic, May 5 marks the first ...

Student loans become delinquent if they are more than 90 days late. After no payments for nine months, the loans then go into default. “This is going to require a huge adjustment for people who ...

TULSA, Okla. — Starting today, millions of borrowers with federal student loans will be required to resume payments after a prolonged suspension due to the COVID-19 pandemic. The U.S. Department ...

WASHINGTON, D.C., USA — Starting Monday, the Education Department says student loans that are in default will be referred for collections. Beginning May 5, the department will begin involuntary ...