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Millions of defaulted student loan borrowers will face collection activities for the first time since the pandemic began.
The Education Department is now set to begin involuntary collection through the Treasury Department’s offset program for ...
A key reason to address a defaulted or delinquent student loan debt is to avoid wage garnishment. “When wage garnishment starts you are stuck,” Cohen said. “You are issued a 30-day letter and then ...
The move follows the expiration of payment pauses and grace periods that began under former President Biden's administration.
The Department of Education announced in late April that student loans will resume repayment for many borrowers in May.
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How To Pay Off Student Loans Faster
Student loan debt is not fun to have. While it may have been necessary to pay for school, now that you’re graduated, it’s ...