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Student loan borrowers face turmoil, as collection push begins
The federal government could soon garnish wages or seize tax refunds of delinquent student loan borrowers. At the same time, Education Department staff cuts, reduced repayment options, and administrative slowdowns are causing confusion.
Millions of Americans suddenly owe billions of dollars in student debt after years of forbearance. What does that mean for ...
Over 2.2 million borrowers saw 100+ point credit score drops due to resumed student loan payments. More than 1 million ...
The student loan crisis is a national emergency, and the time to act is now. Most borrowers have done everything they can to responsibly manage their student loans, but high monthly payments ...
The Education Department is putting pressure on Columbia’s accreditor, whose seal of approval the school needs to get federal ...
A recent graduate of the University of Illinois Chicago, Villalpando, 29, took out private loans to pay for college. Unlike federal student loans, private loans typically have higher interest rates ...
That could make it harder for them to make major purchases or buy a home. The loan crisis is also putting taxpayers at risk. There is $1.6 trillion in unpaid student loan debt. “To make some ...
More than 2 million Americans’ credit scores were dinged suddenly by student loan delinquencies. Now they’re struggling to ...
"It's not a student loan crisis, we have a parenting crisis," Ramsey said on a 2019 episode of "The Dave Ramsey" show, arguing that inadequate financial education at home often leads to financial ...
As the student loan crisis deepens, there's a growing risk that an entire generation may be permanently priced out of homeownership, trapped into renting. Still, borrowers seeking relief should ...
Between collections resuming, courts challenging student loan programs and layoffs in the Education Department, borrowers might be confused about the status their student loans.
Student loan debt is a major crisis in the United States that, unfortunately, doesn't appear to be going away anytime soon.
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