Consumer News Survey Of Student Loan Borrowers Shows Payments Average 20 Percent Of Take Home Pay

As Student Loan Delinquencies And Defaults Accelerate, Government To Garnish Wages

Student loan debt hits $1.65T, defaults rise, and wage garnishments loom—learn key impacts on consumer credit and how to protect your finances now. Click for more. Read More

Delinquent student loan borrowers could see wage garnishments next month

Millions of student loan borrowers severely delinquent in their payments will see wage garnishments hit their paychecks in January, Department of Education says. Read More

More Student Loan Borrowers Are Shedding Debts in Bankruptcy

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

How some student loan borrowers paid theirs off in less than a decade

Considering student loans? Here’s how borrowers paid theirs off in less than a decade - Paying off a hefty student loan debt without help almost always requires a six-figure salary or a second job and ... Read More

Some borrowers have received student loan forgiveness: Take these steps to safeguard your finances

Even during the government shutdown, some student loan borrowers have been notified that they are eligible for debt cancellation – and there are several steps they should take to safeguard their ... Read More

Student loan borrowers in default may see wages garnished in 2026

The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early next year. Read More

How Does Your Student Loan Debt Compare to Others? Find Out Where You Stand

Dara-Abasi Ita writes about trading and investing for Investopedia and Investing.com, and he is an editor at Lawverse magazine. He has written about financial topics, including private equity, asset ... Read More