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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 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 ...
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Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting.
After a five-year pause, the Trump administration is resuming collections on defaulted student loans, leaving millions of ...
The Department of Education announced it will resume collecting student loan debt that is currently in default.
MaNesha Stiff is anxious about the future of her student loans. She has about $200,000 in debt and though she’s managing it for now — she hasn’t been asked to pay for months — she ...
The Department of Education will soon begin collecting defaulted federal student loans and garnishing wages. Borrowers ...
The Department of Education says it will resume collections on May 5 and send wage garnishment notices "later this summer." ...
In all, some 42 million borrowers owe more than $1.6 trillion in student debt, according to the DOE. If the borrowers ...