Ever ask yourself what happens when the “pause” button on your student loans finally flips off after all those years? Here’s a jaw dropper: almost 1.8 million borrowers could fall into default in July ...

Mass student loan defaults could hurt the economy if borrowers have less money and feel unable to take financial risks, such ...

TransUnion found that nearly 6 million federal student loan borrowers were 90 days or more past due as of April.

Almost 2 million people who took loans for school might not be able to pay back and could have their pay cut as soon as July ...

It’s also possible to rehabilitate your defaulted federal student loans through an agreement with your loan servicer. “If you’re at risk of wage garnishment, contact your loan servicer right ...

Nearly 20 percent of borrowers, about 5.9 million, have two or more risk factors that indicate they’ll struggle with making their student loan payments. That’s up from the estimated 5.1 million ...

Defaulted borrowers at risk of wage garnishment. Student loan collections efforts had largely been on pause since the pandemic began in March 2020, but Trump administration officials have said ...

Borrowers who have defaulted on their student loans will no longer be at risk of having their Social Security benefits garnished, an Education Department spokesperson said Tuesday ...

Student-Loan Defaults Risk Snapping Back to Highs, Fed Analysis Shows Gift this article. How easy or hard was it ... most student-loan payments are scheduled to resume after May 1.

If your federal student loans went into default before Sept. 1, 2023, you may be able to use the Fresh Start program to get out of default and restore your access to federal repayment options.

What can happen to your credit score as on-ramp period ends. Right now, these borrowers need to ramp it up and get ready to make their monthly payments on their federal student loans starting Oct. 1.

Student loan borrowers are considered delinquent if they fail to make a loan payment for 90 days. When late payment stretches on for a total of 270 days, then the borrower falls into default.