Key Points ・New federal data show nearly 12 million borrowers are now delinquent or in default, more than one-quarter of the ...

Starting Monday, the Education Department will resume reporting defaulted student loans to collections agencies, potentially affecting as many as 5 million borrowers. The Department of Education will ...

Key Points ・Defaulting on federal student loans carries heavy financial consequences and is more expensive than simply ...

The Education Department has resumed sending student loan borrowers in default to collections, potentially impacting millions of Americans' paychecks, Social Security and tax refunds. The Education ...

Impacted borrowers have been in default since before the pandemic. If you’re still getting a bill from your servicer you’re not in default — yet. Many, or all, of the products featured on this page ...