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A federal judge has ordered FDATR, a now defunct student loan debt relief provider, to pay $43 million in restitution and ...
The Department of Education resumes collections on student loans in default and many borrowers are already struggling to make ...
The administration is invoking rules that allow the government to shut off the federal student-loan spigot for specific ...
Student loan collections will resume in the United States on May 5 after a five year pause. Here's what Tennessee residents ...
The Department of Education is resuming collecting payments on defaulted federal student loans as of May 5, and is ...
Jana Heartwood owes more than $40,000 in student loan debt. She says when payments resumed last year, she was not notified and is now struggling to get answers from her loan servicer.
Borrowers who are roughly a year behind on their loans could face harsh consequences such as having their Social Security ...
Millions of borrowers who are late on their payments may see their credit scores plummet as collection activity on federal ...
President Donald Trump first paused student loan payments in March 2020 as a result of the COVID-19 pandemic, temporarily setting interest rates at 0% for at least 60 days. His administration later ...
TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers are at risk of defaulting.
About five million borrowers are already in default, says the Education Department; millions more could be soon.
Seriously delinquent student loans are at a record high just as involuntary collections resume. Many borrowers are at risk of a dropping credit score.
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