Sen. Elizabeth Warren (D-Mass.) warned Tuesday that millions of borrowers face "a financial scarlet letter" as the Trump administration ends a five-year pause and restarts collections on defaulted ...

Major student loan changes just came one step closer to becoming law A 71-page bill released by Senate Republicans would cut down on repayment plans and deem certain college programs ineligible ...

A 2024 letter from Charuben Mehta to HDFC Bank CEO Sashidhar Jagdishan has reignited debate over a decades-old loan recovery case involving the Lilavati Trust. The letter alleges legal overreach ...

Receiving a loan sanction letter early in the process can reduce the stress of college admissions, even though financial arrangements continue to be a big issue for many families. The majority of ...

The Department of Education said it’s pausing plans to garnish Social Security benefits from people with student loans in default.

Stamford Board of Education member Andy George during a meeting at Goverment Center in Stamford, Conn., on Tuesday June 27, 2023.

The Education Department sent a “Dear Colleague” letter to universities on Monday warning them of their obligations to support student loan borrowers as the Trump administration ramps up ...

The guidance, released Monday, reminds colleges of their responsibility to ensure borrowers repay loans to the best of their ability. The Department of Education reminded colleges and universities ...

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The letter, published by the American Association of Colleges and Universities, was signed by 238 higher education leaders — including all Ivy League presidents except Dartmouth College.

For loans made under the William D. Ford Federal Direct Loan Program or the Federal Family Education Loan Program, it takes 270 days from your last student loan payment to go into default.