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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 ...
The Department of Education says it’s getting ready to restart collections on federal student loans that are in default. The ...
The U.S. Department of Education will begin collecting payments on defaulted federal student loans on May 5, and could end up ...
In May, the Department of Education will begin collecting payments from borrowers in default, ending a pause ... the department had to and student loan servicers that managed the loans had to ...
More than 5 million borrowers are in default and 4 million more could be in the same position in a few months, which would put nearly a quarter of the federal student loan portfolio in default ...
SEATTLE, April 16, 2025--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today announced the fourth quarter (Q4) 2024 results of the Milliman Mortgage Default ...
Borrowers who are in default are at least 270 days, or about nine months, behind on their federal student loan payments, and the status typically comes with harsh financial consequences.
Federal student loan borrowers in default, CNN wants to hear from you By Piper Hudspeth Blackburn and Sunlen Serfaty , CNN 1 minute read ...
Federal student loans go into default after 270 days without payment. “American taxpayers will no longer be forced to serve as collateral for irresponsible student loan policies,” Education ...
NEW YORK — Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their federal ...