Education Department Will Resume Collections on Student Loan Debt

In an announcement this week, the department warned that millions of borrowers could be referred to debt collectors and see deductions from their paychecks. Read More

Millions of student-loan borrowers could start losing Social Security benefits and tax refunds in 2 weeks if they don't pay up

For the first time in five years, Trump is resuming collections for defaulted student-loan borrowers on May 5. Read More

Collection of defaulted student loans to restart May 5 for first time since pandemic

Since the pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of defaulting. That's about to change. Read More

Trump Administration Announces Plan To Get Borrowers Paying Student Loans Again

Involuntary collections on defaulted student loans will resume on May 5, while the Education Department will conduct outreach to all borrowers. Read More

Income-driven student loan repayment plans have resumed. What to know

The Department of Education is reopening three revised income-driven student loan repayment plans just weeks ... for adjustments based on changes in economic status. In its announcement, however ... Read More

Student loan repayments remain stable — but that’s not likely to last

Student loans and repayments remained stable ... or triple in the best case scenario here, it’s possible that 5 million student loan borrowers could default this year,” said Pierce. Read More

Federal student loan repayment confusion sparks nationwide credit score concerns

Thousands of Americans with federal student loans who did not resume payments after COVID-19-era loan repayment pauses ended a year and a half ago could now ... and from an economy and individual ... Read More

Trump’s Presidency And Student Loans: What Move To Small Business Administration Means For Borrowers

Borrowers' loans will not be affected by the move to the Small Business Administration, but the transition may be rocky. Read More

Over 9 million student loan borrowers could see their credit scores tank as delinquencies are poised to hit record highs

The 2025 Student Loan Update showed that an estimated 15.6% of federal loans — a new record — were likely past due at the end of last year, with more than $250 billion in delinquent debt held ... Read More

Nearly 10 million student loan borrowers risk credit hit due to late payments

Approximately 9.7 million student ... student loan payments ended in September 2023, the Biden administration introduced a 12-month “on-ramp” to help borrowers transition back to repayment. Read More