Michael Neuenschwander from Outlook Wealth Advisors joined Eyewitness News to break down what the new effort would mean for roughly 5.3 million borrowers.

The Education Department has resumed sending student loan borrowers in default to collections, potentially impacting millions ...

For the first time in five years, the federal government on Monday restarted collections on overdue student loan payments — a process that could impact millions of borrowers across the country and in ...

The change affects more than 5 million Americans who were in default before or during the freeze and could now face collection tactics such as wage garnishment.

Nearly 200,000 Mainers hold a collective $6.5 billion in student loan debt that the federal government is now taking steps to ...

Having debt to pay off can undoubtedly make it more challenging to achieve additional financial goals like saving for ...

Jana Heartwood owes more than $40,000 in student loan debt. She says when payments resumed last year, she was not notified ...

Student loan repayments and wage garnishments will resume for millions of Americans in default starting May 5.

The Department of Education resumes collections on student loans in default and many borrowers are already struggling to make ...

Borrowers who haven't made any payments on their student loans for roughly nine months -- 270 days -- are in default status.

May 5 is the expected start date for the federal government to begin the process of collecting default student loan debt.

Student loan collections will resume in the United States on May 5 after a five year pause. Here's what Tennessee residents ...