With protections lifted, borrowers behind on their payments may soon see up to 15 percent of their wages withheld.

In March 2020, as America shut down in response to the COVID-19 pandemic, Congress passed a law suspending federal student loan payments for six months. The payment pause ended up lasting ...

The plan comes amid escalating concerns about loan defaults, with more than 9 million Americans behind on their payments ...

A new study by the Federal Reserve Bank of New York now estimates that close to 10 million student loan borrowers became past due on their student loan bills after the pandemic payment pause ended.

Federal student loan borrowers should start repaying their loans so as not to affect their credit scores. A pause on credit ...

Around 9.7 million student loan borrowers became past due on their bills after the Covid-era payment pause expired, according to a new estimate by the Federal Reserve Bank of New York.

After a historic pause in payments, student loan borrowers face a harsh reality check. A new Federal Reserve Bank of New York study estimates that roughly 9.2 million Americans have fallen behind ...

Education Secretary Linda McMahon told NewsNation earlier this month that federal aid, including student loans and Pell Grants, “might be best served in another department.” She added that ...

The Education Department has a variety of responsibilities, including enforcing federal civil rights ... such as overseeing student loans and Pell Grants, will remain – though they may ...

COLUMBUS, Ohio — According to the Education Data Initiative, the average borrower is carrying about $38,000 in federal student loan debt. With the current pause on Income-Driven Repayment (IDR ...

Student loans are an important resource ... the money does not need to be repaid. Grants are a type of financial aid that is typically need-based rather than performance-based. They can come from both ...