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The Department of Education has paused the Income Based Repayment plan in another significant move that alters the student ...
Borrowers Brace As Student Loan Debt Collection Resumes After 5 Year Freeze After a five-year hiatus, the federal government has officially restarted student loan debt collection and other ...
The headquarters of the Department of Education are shown on March 12, 2025 in Washington, DC. After a five-year reprieve, the Trump administration will restart forced collections on federal student ...
All told, about 43 million federal student loan borrowers owe a total of $1.6 trillion in debt. Starting May 5, those in default face having tax refunds withheld and wages garnished if they don ...
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