Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

The hammer is coming down on federal student loan borrowers who haven't been making payments. The Department of Education on Monday announced it would resume "involuntary" collections for federal ...

After a lengthy pandemic-related pause, the U.S. Department of Education resumed collection efforts on student loans in default in May. This has placed renewed pressure on borrowers who are behind on ...