Millions of defaulted student loan borrowers will face collection activities for the first time since the pandemic began.

The move follows the expiration of payment pauses and grace periods that began under former President Biden's administration.

Defaulted student loan borrowers will need to come up with a plan in the next few weeks as the Trump administration plans to ...

The U.S. Department of Education announced on Monday that it will begin collecting on defaulted student loan payments ...

If action is not taken by May 5, defaulted borrowers will become subject to wage garnishment to collect their outstanding ...

Harvard University announced Monday that it was suing to halt a federal freeze on more than $2.2 billion in grants after the ...

After a three-year pandemic relief pause on collections, the government has resumed seizing wages for defaulted federal student loans as of late 2023 . While the Department of Education’s ...

Texas One Stop does “not anticipate significant disruptions to the disbursement of Federal Pell Grants, Federal Direct Student Loans or Federal PLUS Loans,” said Jennifer Love, associate vice provost ...

Federal loans offer benefits that most private loans don’t, like income-driven repayment plans, student loan forgiveness options and a range of options to pause or reduce payments if you face ...

How long after graduation are student ... federal loans offer more tools for struggling borrowers. Programs like Income-Driven Repayment (IDR), deferment, and forbearance allow you to reduce or ...

Referring to the grants as “paused,” Department of Labor spokesperson Courtney Parella said the American people elected Trump with “a clear mandate to reduce federal government bloat and ...

“ICE has also furthered this effort by terminating some student ... grants Student loans in default to be referred to debt collection, Education Department says Massachusetts Gov. Healey’s ...