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Another credit agency is ringing the alarm bell on student loan delinquencies just as the Department of Education is resuming involuntary collections on defaulted debt. An all-time high 20.5% of ...
Once you've maxed out federal financial aid to help finance your higher education, private student loans can help you cover the rest. They can be used for all types of educational expenses like ...
Republican lawmakers on Monday introduced a proposal to overhaul the nation's student loan system, including eliminating a popular repayment plan that had helped millions save money on their debt ...
The Trump administration says it will soon resume collections on defaulted student loans for the first time in five years, raising questions and anxieties for millions of borrowers across the country.
The federal government on Monday will resume collecting defaulted student loan payments from millions of people for the first time since the start of the pandemic, officials said. The Trump ...
Congressional Republicans are quietly working toward one of the most consequential overhauls in the history of the federal student loan program – one that would affect the lives of millions of ...
Those who default or refuse to pay their federal student loans could have their wages, federal pensions and tax refunds garnished, the White House said Tuesday. White House press secretary ...
A new report from the New York Federal Reserve found that while Americans' credit card debt is falling, an uptick in student loan delinquencies is causing credit scores to decline. The New York ...
"I do want to say that I've decided that the SBA, the Small Business Administration, headed by Kelly Loeffler, [who] is a terrific person, will handle all of the student loan portfolio," he said.
Student loan borrowers who haven't paid their debt now face seeing their wages garnished, Social Security benefits reduced, and more as debt collection resumes in 2025. A five-year break that ...
More than five million borrowers are in default, and millions of others are projected to be on the precipice. Credit...Monica Garwood Supported by By Tara Siegel Bernard After a five-year reprieve ...