The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early in 2026.

Unfortunately, however, depending on financing can lead some small businesses to financial hardship and loan default. As payments are missed and the possibility of default looms, the type of lender, ...

The Department of Education will soon begin garnishing wages for defaulted federal student loans. Borrowers currently in ...

A personal loan is in default if you fail to make a scheduled payment on time. Reaching out to your lender early can help you avoid serious damage to your credit score and even legal action. Debt ...

Your options to avoid collections when your student loans are in default Staff Personal Finance Editor, Buy Side Valerie Morris is a staff editor at Buy Side and a personal finance expert. Collections ...

NEW YORK — Starting next month, the Education Department says student loans that are in default will be referred for collections. Roughly 5.3 million borrowers are in default on their federal student ...

After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with defaulted loans are poised ...

The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.

About 1,000 defaulted student-loan borrowers will receive wage garnishment notices the week of January 7 with more to come as the year progresses.

WASHINGTON (AP) — The Education Department will begin collection next month on student loans that are in default, including the garnishing of wages for potentially millions of borrowers, officials ...

Starting the week of Jan. 7, the Education Department will begin sending notices about paycheck deductions to about 1,000 of ...

(NerdWallet) – After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with defaulted ...