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The Department of Education told BI that it hopes to clear the backlog of income-driven repayment applications "over the next ...
Jana Heartwood owes more than $40,000 in student loan debt. She says when payments resumed last year, she was not notified ...
Student loan borrowers are facing additional financial stress since payments resumed and changes were made to loan repayment ...
The Department of Education said it will resume collections on defaulted loans in the federal student loan portfolio, which ...
TransUnion, one of the three major credit bureaus, found that one in five student loan borrowers is at risk of defaulting.
Some borrowers who are behind on payments might see money withheld from wages, tax refunds and Social Security benefits. Here’s what to expect and what to do.
Student loan borrowers who defaulted on their loans had not made payments towards their balances since March 2020, when the COVID-19 pandemic paused such collection efforts. But borrowers should ...
The U.S. Department of Education announced Monday that it will resume involuntary collections on defaulted student loan payments on May 5. Since March 2020 — the start of the COVID-19 pandemic ...
Corrections and clarifications: This story has been updated to reflect that President Donald Trump initially paused student loan payments in March 2020. As May approaches, the federal government ...
The Education Department says a student loan becomes delinquent when a borrower doesn't make a payment 90 days after its due date. If you continue to be delinquent on your loan for 270 days — or ...