When you default on your student loans, your debt is transferred out of the normal repayment servicing system. It enters ...

The Department of Education will resume debt collections for federal student loan borrowers on Monday, during a critical moment for higher education and affordability in Massachusetts and across ...

After a pause of more than five years, on May 5 the federal government will resume collections on defaulted student loans.

Student loan collections restart May 5, 2025. Learn how to avoid wage garnishment, scams, and get help before involuntary ...

How does our Editorial Board Roundtable see the risks and potential benefits of a decision to start putting more than 5 ...

Defaulted borrowers will become subject to wage garnishment to collect their outstanding balances if they don't arrange a repayment plan.

Getting your loans out of default isn't necessarily easy, but it could save you from having your wages garnished.

A loan generally becomes delinquent when a payment is late by more than 90 days, while a default occurs after around 270 days of missed payments.

The Trump administration has said that it "can and will" take the wages, pensions and tax refunds of indebted borrowers in ...