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student loan, Federal government

Federal government plans to go after delinquent student loans. What you can do

In two weeks, loan holders will start the process of seeking money from borrowers who have missed payments for 270 days or more.

LAist on MSN · 1d

What to know as the government begins collections on defaulted student debt

The Department of Education says it will resume collections on May 5 and send wage garnishment notices "later this summer." Here's how to know — and what to do — if you'll be affected.

Newsweek on MSN · 2d

Student Loan Changes in May 2025: What Borrowers Should Know

A federal student loan is considered in default after 270 days of non-payment. Borrowers can check their loan status by logging into their account at StudentAid.gov, where they can also access repayment tools and contact the Default Resolution Group.

16h

Should You Consolidate Or Refinance Your Student Loans?

This article provides an overview of how to manage student loans through consolidation and refinancing. It also discusses ...

What is a default student loan? Education Department to resume collecting loan debts

The Department of Education says it’s getting ready to restart collections on federal student loans that are in default. The ...

ConsumerAffairs9d

How to consolidate debt without a loan

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Consolidating debt — without taking out a ...

2don MSN

What if You Can't Pay Your Student Loan? Trump Sets New Deadline

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

2don MSN

Trump education department is getting tough on late student loan payments

The federal Department of Education is cracking down on student loan debt, announcing this week it will resume collecting ...

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