The government plans to seize portions of borrowers' paychecks to the cover defaulted debts. Here's what you should do now to ...
Being in default on a federal student loan means the borrower has gone a long period without making required payments and ...
Wage garnishment will begin just as enhanced subsidies for ACA health insurance expire. People who are in default on their ...
Student loan debt hits $1.65T, defaults rise, and wage garnishments loom—learn key impacts on consumer credit and how to ...
Preston Cooper at AEI recently published an analysis of the latest federal student loan data, and the results were sobering: 5.5 million borrowers in default, another 3.7 million more than 270 days ...
Effective Jan. 1, 2026, the federal government will begin garnishing wages for those in default on their student loans. The ...
The Trump administration plans to start garnishing wages from defaulted student loan borrowers beginning in January, with the ...
Millions are at risk of student loan default as collections intensify. Discover essential steps to avoid harsh consequences.
Major new updates announced by the Education Department this month could impact millions of Americans with federal student ...
Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of ...
The wage garnishment announcement marks a departure from past handling of student loan borrowers in default. Since March 2020 ...
By law, the feds can seize up to 15% of a borrower’s disposable pay if they have defaulted on federal student loans — without ...