KEY TAKEAWAYS Federal student loan borrowers who defaulted on their loans will begin receiving wage garnishment notices ...
The resumption of federal student loan collection efforts has created a financial crisis affecting millions of American borrowers, with only 38% maintaining current payment status as of late April.
Federal student aid recipients are preparing for impending financial challenges following the July 4 passage of the One Big Beautiful Bill Act. The act includes provisions eliminating Grad PLUS loans, ...