When will default collections start for delinquent federal student loans?
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We’re not in a recession (as of this writing, at least), but that doesn't mean people aren't stressed. A NerdWallet survey found that 85% of Americans have concerns about tariffs, with 45% worrying that tariffs will result in a recession.Experts aren’t too far behind in their fears. In early April, for example, J.P. Morgan Research...
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After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with defaulted loans are poised to face severe consequences starting on Monday, May 5. “Resuming collections protects taxpayers from shouldering the cost of federal student loans that borrowers willingly undertook...
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April is recognized as National Financial Literacy Month, a time to highlight the crucial role of financial education in empowering all Americ…
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(The Center Square) – The federal government will come after defaulted student loan borrowers’ tax refunds, federal pension and wages if those borrowers don’t find a way to start paying again, the White House said Tuesday.
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Entering young adulthood saddled with debt has become standard for many who want an undergraduate degree, sometimes to the tune of tens-of-thousands of dollars. Around 45% of 2025 high school graduates will go on to a four-year college, according to NerdWallet analysis, and more than one-third of them will take on student loans to pay...
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Are you concerned about debt? It’s important to recognize this, but, at the same time, you may have more ways of gaining control of your debt …