If you haven’t been making payments on your federal student loans, you could soon find yourself sent to collections with your wages garnished following the return of a Department of Education ...

After President Donald Trump returned to office, his administration announced that the U.S. Department of Education would start collecting payments for defaulted federal student loans beginning May 5.

For loans made under the William D. Ford Federal Direct Loan Program or the Federal Family Education Loan Program, it takes 270 days from your last student loan payment to go into default.

The U.S. Department of Education announced on April 21 that the Office of Federal Student Aid (FSA) will restart its student debt collections on May 5. The announcement marks the first time in ...

If you have a loan from the William D. Ford Direct Loan Program, for example, default status begins if you don’t make your scheduled payment for at least 270 days.

Congress is considering major changes to federally supported student loan programs. If lawmakers aren't careful, they could close off a vital pipeline of talent that feeds vital public systems, writes ...

Privatizing student loans would likely require reviving the Federal Family Education Loan (FFEL) program (or instituting something similar to it). That program was discontinued in 2010 and ...

Noting that “only 38% of Direct Loan and Department-held Federal Family Education Loan Program borrowers are in repayment and current on their student loans,” ED estimates that “almost 25% ...

The parent PLUS loan program would see big changes too. parent PLUS has been controversial because it comes with a higher interest rate than traditional federal loans and has led to nagging debts ...