The federal government on Monday will resume collecting defaulted student loan payments from millions of people for the first time since the start of the pandemic, officials said.
Student loans that are in default will be referred for collection, beginning on Monday, May 5. Here's what that means and what borrowers in default can do.
As U.S. Department of Education will resume collecting on defaulted student loans on Monday, borrowers may face wage garnishment and see credit scores decline.
The Department of Education resumes collections on student loans in default and many borrowers are already struggling to make ends meet could soon lose some of their income or tax refunds.
The Department of Education will resume debt collections for federal student loan borrowers in default on Monday, during a critical moment for higher education and affordability in Massachusetts and across
The Department of Education is starting to put student loan borrowers in default into debt collections, in a move aimed at preventing taxpayers "from shouldering the cost of federal student loans."
The Department of Education is set to resume collections activities against defaulted federal student loan borrowers on Monday. Here's how to protect yourself.
The U.S. Department of Education is restarting its collection of student loans in default, and federal officials said people who don't begin repayment could face having their wages garnished.
The Education Department says millions of borrowers in default will have a chance to make a payment or sign up for a repayment plan. But on May 5, those who don't will be referred for collection.
The Education Department has resumed sending student loan borrowers in default to collections, potentially impacting millions of Americans' paychecks, Social Security and tax refunds.
The Department of Education resumed collections on defaulted federal student loans on Monday and reminded colleges and universities of their “shared responsibility” to ensure taxpayers aren’t on the hook for unpaid debts.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Defaulted federal student loan collections resume, sparking anxiety for many | Since Then
