The Department of Education says it’s getting ready to restart collections on federal student loans that are in default. The ...

Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting.

“Borrowers will now be expected to repay their loans, and those who don’t will face involuntary collections,” White House ...

A federal student loan is considered in default after 270 days of non-payment. Borrowers can check their loan status by ...

They’re seeing their credit scores drop, which will make it more difficult to buy a car or rent a home. And that has ...

Currently, the Fed anticipates more cuts in 2025, but those depend on economic conditions. It might not make sense to wait ...

After years of payment pauses, many student loan borrowers are having to navigate how to manage their money now that they ...

Make all monthly payments on time: Making consistent on-time payments on student loans, credit cards and other lines of ...

Involuntary collection begins May 5. For some students, it will be the first time they've ever had to confront the obligation ...

The plan to resume debt collection for borrowers in default could put people in a precarious financial position amid a faltering economy.

The Education Department said it will resume collections of its defaulted federal student loan portfolio on May 5.