Millions are at risk of student loan default as collections intensify. Discover essential steps to avoid harsh consequences.

Student-loan borrowers are likely to start feeling the harshest consequences of falling behind on their debt. The Education Department said it’s resuming debt collection on defaulted federal student ...

Starting in January, the Trump administration says it will garnish the wages of student loan borrowers who haven’t been able to make their payments for at least nine months. “It’s cruel and hostile to ...

The wage garnishment announcement marks a departure from past handling of student loan borrowers in default. Since March 2020 ...

For five years, student loan borrowers who consistently couldn't pay their bills did not face the threat of debt collection. But all that extra breathing room is now gone. About 195,000 borrowers who ...

The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early next year.

A spokesperson for the federal Department of Education said the agency will send the first notices to defaulted borrowers in ...

For the first time in years, borrowers who have stopped paying their student loans may have their wages garnished to repay their debts.

The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials said Monday.

The Trump administration says wage garnishment for defaulted federal student loans will begin in January, ending a ...

Starting next week, the Education Department said student loans that are in default will be referred for collections. Roughly 5.3 million borrowers nationwide are in default on their federal student ...

Borrowers who are roughly a year behind on their loans could face harsh consequences such as having their Social Security benefits taken and their wages garnished Student-loan borrowers are likely to ...