Borrowers become delinquent from the first day a payment is late, and for most federal student loans, the outstanding balance goes into default after 270 days, or roughly nine months, of non-payment.

While Trump's administration has scaled back many student loan forgiveness programs, these options still offer potential ...

Starting May 5, those in default could have tax refunds withheld or wages garnished if they don’t start making payments.

A growing number of Americans are asking to borrow money from others in order to pay down their student loans, amid ongoing economic uncertainty and the recent resumption in federal loan collections.

As the U.S. Department of Education prepares to resume involuntary collection of defaulted federal student loans, borrowers ...

As of May 5, 2025, the U.S. Department of Education is resuming debt collection on defaulted federal student loans after a ...

The Department of Education says federal student loan borrowers who do not pay on time could damage their credit scores and even have their wages garnished beginning today, May 5 — causing ...

Another loan program provides access to college financing, but it isn’t going to do anything to tackle the high – and growing ...

The Trump administration will end the last piece of pandemic-era student loan relief and send defaulted student loans to collections starting May 5. Now, the estimated 5 million people with ...

NEW YORK — Starting Monday, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their federal ...