After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with defaulted loans are poised ...

It has been more than five years since referrals for collections regarding student loans in default were paused as a form of temporary financial relief during the COVID-19 pandemic. Biden’s ...

In an op-ed Monday, Secretary of Education Linda McMahon explained the Education Department's decision to resume "involuntary collections" of federal student loans that are in default. Within weeks, ...

For the first time in five years, the federal government is resuming collections on federal student loans that are in default, starting May 5. Students with outstanding loans have several options for ...

Student loan borrowers worried about the Trump administration's decision to resume collection activity can take these steps to get current on their loans. Getting your debt out of default can prevent ...

As the default cliff approaches, 5.8 million Americans with federal student loans could soon find themselves in technical default. This staggering figure represents about one in three federal ...

A loan becomes delinquent the day after you miss a payment. If you fail to make a payment by the due date, your loan is considered delinquent. This status will be reported to credit bureaus and could ...