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When I wrote my most recent column on the government’ s plan to restart the collection of defaulted student loans, I was hoping it would generate more questions from readers about the nuances of the ...
The financial guillotine has dropped: federal collectors are now targeting defaulted student loan borrowers with aggressive ...
After years of pandemic-related pauses, the government has resumed collection efforts on defaulted student loans — here’s ...
If you are more than 270 days behind on your student loan debt, your check could be garnished. That’s because student loan payments are staring back up after a five-year pause.
With federal student loan collections back in effect, millions of borrowers face renewed pressure. Discover your options and ...
To prevent borrowers from facing bills larger than what they can pay, the government can tie your monthly payment to your ...
As student loan payments resume, attorneys warn of potential delays in setting up income-driven repayment plans. Get vital ...
A loan generally becomes delinquent when a payment is late by more than 90 days, while a default occurs after around 270 days of missed payments.
When you default on your student loans, your debt is transferred out of the normal repayment servicing system. It enters “into what’s almost like the ‘bizarro land’ of the repayment system,” says ...
Americans carried a collective $1.7 trillion in student loan debt in 2024, with 92.2% of that in federal student loans, ...
Student loan collections restart May 5, 2025. Learn how to avoid wage garnishment, scams, and get help before involuntary ...
Millions of student loan borrowers have defaulted on their student loans. Soon, borrowers face potential wage garnishments ...