The Department of the Treasury and Department of Education have already collected almost $100 million in loans after resuming collections of defaulted federal student loans at the beginning of May.

Those who haven't paid on their debt for nine months or more now face the harsh realities of debt collection. Here's what to ...

The Department of Education and the Treasury Department are resuming collections for about five million defaulted student ...

Beginning May 5, the Department of Education restarted collecting on defaulted federal student loans, which had previously ...

Borrowers now face tough choices—begin repayment or risk serious penalties such as wage garnishment and seizure of tax ...

The restart comes as part of the Trump administration's "focus on recouping payments from defaulted student loan borrowers" ...

Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans.

The Trump administration is reversing a Biden-era policy that would have protected a larger portion of monthly checks for ...

A CNBC story about the Trump administration’s move to garnish wages of defaulted student loan borrowers sparked many readers ...

The U.S. Department of Education on Monday resumed the collection of federal student loans in default. A local financial ...

The U.S. Department of Education issued a stern reminder to colleges and universities that they a responsibility to help ...