WASHINGTON (AP) — The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials ...

Here are some key things to know. How will involuntary collection work? Beginning May 5, the department will begin involuntary collection through the Treasury Department’s offset program. Borrowers ...

More companies will fail to repay debt as funding costs stay high, according to Mudrick Capital Management. “What we’re getting is just elevated defaults every year, we think for the next five ...