Defaulting on federal student loans, defined as being 270 days past due, can lead to wage garnishment and withheld federal ...
The Department of Education will soon begin garnishing wages for defaulted federal student loans. Borrowers currently in ...
The Department of Education will delay garnishing wages and intercepting federal income tax refunds.
Millions of people are at risk of the government’s seizing their refunds to pay what is owed on student loans.
It’s not clear whether the department collected any wages since Jan. 7, the day the administration originally said it would ...
If a balance is present, call the servicer and ask for forbearance — a stay in making payments typically due to hardship — “right now," said Betsy Mayotte, president of The Institute of Student Loan ...
Borrowers who have fallen behind on their federal student loan payments could soon see their paychecks shrink.
Since December 5, over 400 student-loan borrowers have shared their stories while gearing up for Trump's major repayment ...
Wage garnishment "is a scary concept since they can take 15% of after-tax income," Ashley Morgan, debt and bankruptcy attorney and owner of Ashley F. Morgan Law PC, told Fortune.
It's uncertain how long the Trump administration pause on student loan collections will last. In the meantime, borrowers ...
The Trump administration recently sent out roughly one thousand letters to borrowers with student loan default, and some may ...