The payment pause protecting borrowers in the SAVE plan is winding down, with loan servicers set to begin notifying borrowers starting July 1 to move into a new repayment plan. Once a borrower ...
Starting July 1, millions of borrowers will need to choose from a new menu of repayment options as the Trump administration ...
After a five-year pause, federal student loan wage garnishments are back, and millions of borrowers face sweeping changes to their repayment options in 2026. The Department of Education began sending ...
Record complaint rise: The FTC logged a near 200,000 year-over-year increase in debt collection complaints in 2025, driven by higher defaults. Student loan strain: Collections and wage garnishments ...
Student-loan borrowers enrolled in SAVE will soon need to find a new repayment plan.SAUL LOEB / AFP via Getty Images The Department of Education to millions of student-loan borrowers: Get off SAVE — ...
The first month of repayments since the end of a three-year pandemic pause on federal student loans has been filled with mishaps, including incorrect billing amounts and late notices for bills coming ...
Washington (CNN) — More than 4 million people have so far enrolled in President Joe Biden’s new repayment plan, known as SAVE, which promises to lower their monthly bills as student loan payments are ...
The Federal Reserve Bank of New York on Tuesday reported a significant rise in the number of delinquent student loans after the end of a moratorium on student loan repayment and the resumption of ...
Millions of Americans across the country are preparing for federal student loan repayments to start again this fall after nearly a three-year hiatus because of COVID-19. But that additional financial ...