Millions are at risk of student loan default as collections intensify. Discover essential steps to avoid harsh consequences.
Public News Service on MSN
Student loan collections resume, putting AL borrowers at risk
As 2025 nears an end, the new year will mean nearly 43 million Americans with a student loan in default status will have to start repaying. Beginning next month, the U.S. Department of Education will ...
The wage garnishment announcement marks a departure from past handling of student loan borrowers in default. Since March 2020 ...
Soy Aire on MSN
Impending wage garnishment for student loan defaulters in 2026: What you need to know
Starting early 2026, thousands in the U.S. may face wage garnishment due to defaulted federal student loans. The government ...
The Trump administration says wage garnishment for defaulted federal student loans will begin in January, ending a ...
The federal government on Monday will resume collecting defaulted student loan payments from millions of people for the first time since the start of the pandemic, officials said. The Trump ...
A spokesperson for the federal Department of Education said the agency will send the first notices to defaulted borrowers in ...
From paused student-loan repayment plans to new debt relief limits, 2026 brought critical changes to borrowers. There's a lot ...
Opinion
Trump Set to Garnish Wages for Student Loan Defaults; The Debt Collective Lays Out Other Options
Starting in January, the Trump administration says it will garnish the wages of student loan borrowers who haven’t been able to make their payments for at least nine months. “It’s cruel and hostile to ...
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of ...
By law, the feds can seize up to 15% of a borrower’s disposable pay if they have defaulted on federal student loans — without ...
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