The Treasury Department confirmed to Sen. Elizabeth Warren that it has started the process of taking over defaulted ...

If the U.S. isn’t already in the midst of a student loan delinquency and default crisis, we may be rapidly approaching one, ...

The Treasury Department announced last week it will start involuntary collections for student loans in default on May 5—which ...

Buried in new regulations is a significant change that may limit borrowers' ability to receive credit toward student loan ...

Treasury begins absorbing 9 million defaulted student loan accounts, but no timeline is set—raising concerns about borrower ...

INDIANAPOLIS (CONSUMER REPORTS) — If you’re struggling with student loans, you’re not alone. More borrowers are missing payments, and confusion about overdue dates isn’t helping. On top of that, ...

After years of changes to repayment options, borrowers are struggling to stay on top of their loans A relatively small share of student-loan borrowers are making their payments on time, while many ...

Some student loan borrowers may discover an alarming letter in their mailbox in the coming weeks: A notice that the federal government is coming for their paycheck. The Department of Education has ...

・Defaulting on federal student loans carries heavy financial consequences and is more expensive than simply getting on a repayment plan. ・The federal government has strong powers to collect, including ...

The U.S. Department of Education will start garnishing the wages of student loan borrowers who are in default next month, the agency confirmed this week. After a yearslong pause due to the pandemic, a ...

SAN DIEGO — As the New Year begins, the Trump administration is starting a new enforcement push against federal student loan borrowers in default, with the U.S. Department of Education confirming that ...