A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.

The U.S. Department of Education is resuming wage garnishment for borrowers in default on their federal student loans, ...

The federal government will resume student loan wage garnishments amid rising unemployment, a move critics say could harm Black borrowers.

It has been more than five years since referrals for collections regarding student loans in default were paused as a form of temporary financial relief during the COVID-19 pandemic. Biden’s ...

WASHINGTON – Since the COVID-19 pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of not paying back their loans. That's about to change, and quickly.

Millions of student loan borrowers could face a wake-up call Monday as the Department of Education resumes collecting on school loans. The restart of collections comes as data from a recent analysis ...

"They’re using every penny to pay off that debt." By his account, Elie Kirkland shouldn't have been at Morehouse College's commencement last year, when billionaire Robert Smith pledged to the class of ...

Students studying in a library. Reporter The U.S. Department of Education announced on April 21 that the Office of Federal Student Aid (FSA) will restart its student debt collections on May 5. The ...

The resumption comes as the Supreme Court deliberates student debt forgiveness. Jamilla Vanbuckley would like to buy a home one day. A correctional counselor in New York City, Vanbuckley has been ...

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 ...

The Supreme Court said Monday that a case over a Biden-era student loan forgiveness rule will resume—after the Trump administration briefly put the litigation on hold—which could affect thousands of ...