The U.S. Department of Education is sending notices this month to student loan borrowers who are in default on their student ...
In 2020, the federal government paused collections efforts on defaulted federal student loans, part of pandemic relief efforts. While Congress said payments would start again in 2023, the pause ...
Delinquent federal student loan borrowers are staring down the prospect of wage garnishment or involuntary collections — and it’s causing them to weigh reorienting their finances, even if it means ...
What is wage garnishment, and what should you do if you’re facing it? Following the Education Department’s restart of collections on defaulted student loans in May, nearly two million borrowers could ...
CHICAGO, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Millions of delinquent federal student loan borrowers are bracing for the possible resumption of involuntary collections by the U.S. Department of Education ...
Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...
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