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Servicers will resume processing IDR applications no later than May 10, Acting Education Department Under Secretary James Bergeron wrote in an Apr. 8 court filing.
Student loan collections resume for millions of Americans as of Monday, after the Department of Education officially ended the five-year, COVID-era pause.
Student loans borrowers in default face harsh penalties starting May 5. Here's how to know if you're impacted and how to get out of default.
The U.S. Department of Education announced Monday that it will resume involuntary collections on defaulted student loan payments on May 5.. Since March 2020 — the start of the COVID-19 pandemic ...
Anchor Erin Miller looks at what to do if you're facing federal student loan collections after a five-year pause NORFOLK, Va. — Student loan debt is of the top three debts that people in the ...
The Department of Education will resume collections on defaulted student loans on May 5, it said on Monday, warning that borrowers could be referred to debt collectors or enrolled in income-based ...
Key Student Loan Repayment Applications Reopen, Processing to Resume Next Month Borrowers can apply for income-driven repayment plans again. Servicers will start processing the applications by May 10.
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