Starting Monday, the Education Department will resume reporting defaulted student loans to collections agencies, potentially affecting as many as 5 million borrowers. The Department of Education will ...
The Education Department has resumed sending student loan borrowers in default to collections, potentially impacting millions of Americans' paychecks, Social Security and tax refunds. The Education ...
The federal government will send roughly 1,000 notices to borrowers who are considered in default after missing student loan payments for at least 270 days.
Impacted borrowers have been in default since before the pandemic. If you’re still getting a bill from your servicer you’re not in default — yet. Many, or all, of the products featured on this page ...
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