As part of a new settlement, 7 million borrowers will be phased out of the program. With interest accruing since August, experts warn that waiting for the Department of Education to act might be a fin ...
Repayment plans and loan limits are set to change, while the Education Department remains in flux. “It will be a really significant year on student-loan policy,” one expert notes.
Preston Cooper at AEI recently published an analysis of the latest federal student loan data, and the results were sobering: 5.5 million borrowers in default, another 3.7 million more than 270 days ...
Student loan borrowers have spent much of 2025 trying to keep up with massive changes to the federal student loan system. That includes changes to repayment plans and borrowing limits. NPR's Cory ...
The wage garnishment announcement marks a departure from past handling of student loan borrowers in default. Since March 2020 ...
David Chatman, 51, said he's going through bankruptcy proceedings because he cannot afford his student-loan payments without ...
Buried in the SAVE plan settlement is a provision that could place major restrictions on the Education Department's ability ...
At Eastern Michigan University, students pursuing education degrees can get help repaying their student loans if they make ...
Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of ...
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 ...
Millions of Americans in default on their federal student loans could soon see their wages garnished, as the U.S. Department ...
The best thing to do when wages are being garnished is to try to lower your expenses and possibly explore consolidation ...