Key Points ・Defaulting on federal student loans carries heavy financial consequences and is more expensive than simply ...

But in the letter, Democrats say they’ve received reports from borrowers who suddenly had their tax refunds offset. It ...

More student loan borrowers are missing payments, and confusion about overdue dates isn’t helping. On top of that, interest on SAVE plan loans is back, affecting millions of Americans, but Consumer ...

Debts, delinquencies, and defaults are pushing millions to the financial edge and threatening the country's economic ...

Starting next week, the Education Department said student loans that are in default will be referred for collections. Roughly 5.3 million borrowers nationwide are in default on their federal student ...

People leave the Student Center building on Monday, July 28, 2025, at the Ankeny campus of Des Moines Area Community College in Ankeny, Iowa. With pauses in required student loan repayment ending, ...

Student loan borrowers who default on their loans could see 15% of their paychecks docked by the federal government soon. It’s still unclear when wage garnishment will start, but there are steps you ...

In 2008, the U.S. economy nearly collapsed under the weight of subprime mortgages — a crisis built on easy credit, government guarantees, a near-religious confidence in ever-rising home prices and a ...

It may be possible to use personal loans to pay off student loans, though not all lenders allow this. Refinancing federal student loans to a personal loan eliminates access to income-driven repayment ...

Learn about the risks and legal obligations of a personal guarantee.