Potus News Biden Administration Cancels Federal Student Debt Of Borrowers Defrauded By Their Schools
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Student loan borrowers in default could see wage garnishments begin in 2026
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default. 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
Federal student loans are changing. Here's what to expect in 2026
Preston Cooper at AEI recently published an analysis of the latest federal student loan data, and the results were sobering: 5.5 million borrowers in default, another 3.7 million more than 270 days ... Read More
Student loan borrowers in default may soon see their wages garnished
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. Read More
Dept. of Education cancels more than $55 million in student debt for-profit college students
The U.S. Department of Education announced on Friday that the student loans of more than 1,800 borrowers who attended a for-profit college were fraud victims. In a statement, the Biden administration ... Read More
Trump administration to start garnishing wages of defaulted student loan borrowers in January
The Trump administration will begin garnishing wages of student loan borrowers in default starting in January, the Education Department told CNN on Tuesday. Read More
Trump administration to end Biden-era student loan repayment plan
More than seven million student loan borrowers may lose out on flexible repayments if the Biden-era SAVE plan ends. Here’s what it means for Ohioans. Read More
As Trump administration moves to relieve student debt, which federal plans will benefit most?
Millions of Americans burdened by student debt have been granted a crucial reprieve. The Trump administration has agreed to resume student loan forgiveness for an estimated 2.5 million borrowers ... 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
Student Loan Borrowers in Default Could See Wages Garnished in Early 2026
Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of five million borrowers in default. Read More
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