For most federal student loans, default status starts after 270 days—about nine months—of nonpayment. Once a loan is in ...

The Education Department quietly announced that there are no plans to restore a tracker that had allowed borrowers to assess ...

Student loan borrowers will face taxes on certain types of loan forgiveness in 2026, but state tax rules will make ...

As part of a new settlement, 7 million borrowers will be phased out of the program. With interest accruing since August, ...

The wage garnishment announcement marks a departure from past handling of student loan borrowers in default. Since March 2020 ...

A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like ...

Millions of federal student loan borrowers are about to discover that the safety nets they counted on are being rewired in ...

Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of ...

Major changes are coming for millions of Americans who borrowed money for higher education and now find themselves with ...

About 5.5 million borrowers are currently in default. They haven't risked wage garnishment since the beginning of the pandemic, when policymakers paused the practice.

Students in professional programs would be able to borrow $50,000 a year and up to $200,000 in total. Parent borrowers would be limited to borrowing up to $20,000 a year per student, with a total ...

The message comes from an entity like the "Student Loan Relief Center." A voice says you “now qualify” for forgiveness of ...