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Student loan borrowers face collections

Investopedia on MSN · 4h

Upcoming Collections Could Make Student Loan Borrowers' Financial Situation Worse

KEY TAKEAWAYS According to the Department of Education, 5 million borrowers have defaulted on their federal student loans, and 4 million are delinquent.The Department of Education plans to resume wage garnishment on defaulted borrowers this summer,

CNET on MSN · 6h

Your Defaulted Student Loans Will Be Sent to Collections on Monday. How to Stop It

Wage garnishment starts this summer for loans left in default. But you can still have options if you're behind on payments.

Nearly 1 million Mass. student loan borrowers in default prep for debt collections to resume

The Trump administration has said that it "can and will" take the wages, pensions and tax refunds of indebted borrowers in default beginning May 5.

12hon MSN

My kids began thinking about student loans in high school. I'm proud of their decisions to try to avoid crippling debt.

I was worried about financially helping my four kids through college. Thankfully, they were ahead of me, planning ways to ...

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Americans have the most student loan debt in these states

SmartAsset ranked states based on the average student loan balance outstanding for borrowers. Loan balances by age—as well as ...

Student loan debt collection to resume in May. What Long Islanders should know.

There are no “stature of limitations on federal student loan debt,” she added. Mariano Torras, an economics professor at ...

3don MSN

The new GOP plan for student-loan borrowers: longer repayment periods and fewer options for debt relief

The new Republican education bill would slash student-loan repayment plans and eliminate some types of loans in a ...

CNET on MSN1d

Student Loan Noise Is Creating a Perfect Storm for Scammers. Don't Fall for These Debt Relief Hoaxes

Elaine Rubin, a student loan policy expert, wants borrowers to be on high alert for student loan scams offering to lower ...

2don MSN

How Student Loans, Grants Could Change Under Republican Proposal

The Student Success and Taxpayer Savings Plan was marked up this week as part of the fiscal 2025 budget resolution.

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