The Department of Education denied 327,955 borrower requests solely in August, according to a December 15 court filing.
Americans whose student loans are in default could have their wages garnished in the new year, as the Trump administration ...
The Education Department suspended wage collections on defaulted student loans during the coronavirus pandemic.
The Department of Education will soon begin garnishing wages for defaulted federal student loans. Borrowers currently in ...
The Education Department announced a long-delayed expansion of a key repayment plan for student loans this week, paving the ...
Some borrowers who qualify for student loan forgiveness must act within the next two weeks or they could face substantial ...
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
By law, the feds can seize up to 15% of a borrower’s disposable pay if they have defaulted on federal student loans — without ...
The program lowered monthly payments significantly, in some cases to zero, and fast-tracked loan forgiveness for low-income ...
Preston Cooper at AEI recently published an analysis of the latest federal student loan data, and the results were sobering: ...
Beginning the first week of January, the era of student loan leniency officially ends. The Trump administration will resume ...
Trump announced a proposed settlement to end the SAVE student-loan repayment plan. Borrowers would resume payments "in the coming weeks." ...