The Education Department may start accelerating student loan forgiveness processing in February. The update may be good news ...

More than seven million borrowers may soon see student loan payments skyrocket as the Education Department implements a ...

The federal government will send roughly 1,000 notices to borrowers who are considered in default after missing student loan ...

KEY TAKEAWAYS Federal student loan borrowers who defaulted on their loans will begin receiving wage garnishment notices ...

Wage garnishment "is a scary concept since they can take 15% of after-tax income," Ashley Morgan, debt and bankruptcy ...

While some routes to loan discharges have been blocked or delayed in 2025, the Department of Education has still granted borrowers billions of dollars in forgiveness.

A recent update from the Department of Education said that just 170 student-loan borrowers received income-driven repayment ...

The Education Department reopened the application for all income-driven repayment (IDR) plans on Mar. 26, after a month-long suspension that blocked federal student loan borrowers from enrolling in an ...

A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like ...

Starting January 7, 2026, the U.S. Department of Education officially resumed Administrative Wage Garnishment for defaulted ...

The "One Big, Beautiful Bill" created a new repayment plan starting in 2026 that will reduce the amount of loans some borrowers can have. Loan forgiveness will once again be taxable, and some ...

For the fall school term, you should apply for private student loans between May and July. Give yourself about two months for processing ahead of tuition payment deadlines, which are typically in ...