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The U.S. Department of Education on Monday resumed the collection of federal student loans in default. A local financial ...
The federal government is resuming collections on defaulted student loans after a more than four-year pause that began during ...
The Trump administration resumed the involuntary collections for borrowers with defaulted student loans on May 5, 2025. According to the Department of Education, 42.7 million borrowers owe over $1.6 ...
The Education Department has resumed sending student loan borrowers in default to collections, potentially impacting millions ...
It comes nearly five years after the federal government paused the loan payments and interest as a relief effort during the Covid pandemic.
If you haven’t made a payment in more than 360 days, your loans may be in default. The Department of Education says federal ...
With federal student loan collections back in effect, millions of borrowers face renewed pressure. Discover your options and ...
Seriously delinquent student loans are at a record high just as involuntary collections resume. Many borrowers are at risk of a dropping credit score.
On May 5, the federal government will start collecting on defaulted student loans after a years-long pandemic-era pause. Here's what you need to know.
Student loan borrowers in default will begin receiving notices Monday that they are being put into collections, according to ...
More than 5.3 million borrowers are at risk of wage garnishment as collections resume after a pandemic pause. Borrowers in ...
When you default on your student loans, your debt is transferred out of the normal repayment servicing system. It enters ...