Beginning next month, the Education Department will resume withholding money from tax refunds and Social Security benefits to pay down the debt of people in default on their student loans, ending ...

Linda McMahon, secretary of the U.S. Department of Education, said the federal government will resume involuntary collections for borrowers in default on May 5. In two weeks, loan holders will ...

More than 5 million student loan borrowers are in default and an additional 4 million are in late stage delinquency, the department said. The Department of Education will resume collections of ...

“American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” Education Secretary Linda McMahon said in a statement. “The Biden Administration ...

After a five-year hiatus, the U.S. Department of Education says it will begin resuming collections of defaulted student loans on May 5. Of the more than 42.7 million student loan borrowers in the ...