Student debt could be impacted by the DOE’s proposed restrictions of new caps on federal graduate student loans to just 11 ...
The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early next year.
Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of five million borrowers in default.
Although originally scheduled to start in the summer, the Department of Education is set to resume wage garnishments on Jan. 7 for borrowers who have defaulted on their federal student loans.
About 5.5 million borrowers are currently in default. They haven't risked wage garnishment since the beginning of the pandemic, when policymakers paused the practice.
The Education Department announced a long-delayed expansion of a key repayment plan for student loans this week, paving the ...
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 ...
Navicore Solutions, a national nonprofit financial counseling agency, is urging federal student loan borrowers to review their repayment options after the U.S. Department of Education announced a ...
The message comes from an entity like the "Student Loan Relief Center." A voice says you “now qualify” for forgiveness of ...
Under Biden, in addition to all the promises of loan cancellation, borrowers essentially got a five-year break in having to ...
A new House bill claims to improve financial aid transparency, but without a standard offer form, students still face ...
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