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CNBC spoke with some of the student loan borrowers in default who are bracing for the consequences of wage garnishments and ...
The Department of Education and the Treasury Department are resuming collections for about five million defaulted student ...
The Massachusetts congresswoman said cutting people’s wages to pay back student loans is “cruel” — especially at a time of ...
After a five-year pause prompted by the COVID-19 pandemic, the federal government has resumed debt collection efforts on ...
Millions of student-loan borrowers in default are at risk of wage garnishment this summer if they don't make payment plans.
According to the U.S. Department of Education, approximately 5.3 million borrowers currently in default on their federal ...
The Trump administration is set to garnish the wages of the 5.3 million federal student loan borrowers in default in just a ...
The Department of Education said all borrowers in default would receive emails from Federal Student Aid informing them of the developments and urging them to contact the department's Draft Resolution ...
Wage garnishment for defaulted student loans has officially resumed. Here’s who’s at risk, how it works, and what borrowers ...
The Education Department will begin to notify borrowers in default via email, encouraging them to make a payment or enroll in ...
If your loans are in default and you received a letter that your account will be transferred to collections, here's what to ...