The U.S. Department of Education to start garnishing the wages of millions of student loan borrowers in default for the first ...

The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early in 2026.

Military pay would become collateral damage if the U.S. government defaults on its debt next month, Defense Secretary Lloyd Austin told lawmakers on Thursday. Treasury Secretary Jessica Yellen has ...

For the first time in five years, the federal government is resuming collections on federal student loans that are in default, starting May 5. Students with outstanding loans have several options for ...

With rising interest rates, one strategy a debtor can pursue as part of a reorganization is to reinstate a defaulted loan that has a below market rate. As the bankruptcy court for the Southern ...