WASHINGTON -- The Biden administration is expanding the pause on student loan interest and collections to the more than a million borrowers who are in default on loans made by private lenders, White ...

Collection activity on federal student loans has been paused for roughly five years, a remainder of Covid-era policies meant to offer relief to borrowers. The Trump administration's focus on recouping ...

After a long pandemic pause, the federal government has flipped the switch back on for defaulted student loans, and the consequences are now hitting paychecks and tax refunds. Wage garnishment, tax ...

New data offers further confirmation of a crisis in the U.S. student loan portfolio, in which too many borrowers are not ...

Add Yahoo as a preferred source to see more of our stories on Google. For the first time in years, borrowers who have stopped paying their student loans may have their wages garnished to repay their ...

Student loan borrowers who fell into default during the pandemic-era pause are now seeing a long-dreaded consequence hit their paychecks. As if student loan borrowers didn’t have enough to worry about ...

The announcement comes a little more than a week after the agency had planned to start warning borrowers their wages would be garnished Secretary of Education Linda McMahon said her agency would pause ...

Student-loan borrowers who fell severely behind on their debt won’t have their wages garnished or their tax refunds seized, at least for now, the Education Department announced Friday — backtracking ...