How Will Borrowers Know If They’ve Defaulted? Borrowers who have defaulted on their debt will receive notices over the next two weeks urging them to take action on their debt be

When the Biden administration’s Saving on a Valuable Education (SAVE) program was paused earlier this year, some borrowers who were enrolled in the program saw their monthly pay

White House press secretary Karoline Leavitt announced today that the pause in collections on student loans in default that has been in effect since the early days of Covid comes to an end on May 5. "Fewer than four out of ten borrowers are in repayment,