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Preston Cooper is a senior fellow at the American Enterprise Institute.
After offset, the government may look to your regular income to remedy your defaulted loans through wage garnishment. Unlike ...
After a five-year pandemic-related payment freeze, the Education Department announced it will resume collections of its ...
The government is preparing to start collecting on student loans in default. Before that happens, a financial planner has ...
The U.S. Department of Education will restart collections on federal student loans in default beginning May 5, ending a pause ...
In two weeks, loan holders will start the process of seeking money from borrowers who have missed payments for 270 days or ...
The U.S. Department of Education announced on Monday that it will begin collecting on defaulted student loan payments ...
The federal Department of Education is cracking down on student loan debt. It will resume collecting defaulted payments soon.
The latest announcement from the Education Department could impact millions of borrowers with federal student loans.
Defaulted student loan borrowers will need to come up with a plan in the next few weeks as the Trump administration plans to ...
Starting next month, the Education Department says student loans that are in default will be referred for collections.
The move follows the expiration of payment pauses and grace periods that began under former President Biden's administration.