The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early in 2026.
A spokesperson for the federal Department of Education said the agency will send the first notices to defaulted borrowers in ...
Wage garnishment will begin just as enhanced subsidies for ACA health insurance expire. People who are in default on their ...
The Department of Education will soon begin garnishing wages for defaulted federal student loans. Borrowers currently in ...
The government plans to seize portions of borrowers' paychecks to the cover defaulted debts. Here's what you should do now 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.
About 1,000 defaulted student-loan borrowers will receive wage garnishment notices the week of January 7 with more to come as ...
Learn about cross-default clauses in loans, their mechanisms, domino effects on debt, and ways to mitigate financial risks.
A U.S. federal judge declared the state of Peru in default in a court proceeding to enforce a $91 million international ...
Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of ...
About 5.5 million borrowers are currently in default. They haven't risked wage garnishment since the beginning of the pandemic, when policymakers paused the practice.