Borrowers ages 50 to 61 have the highest average balance of any age group at $48,203, according to federal data.

Millions of student loan borrowers will see the “light at the end of the tunnel” after the Trump administration agreed to reinstate loan forgiveness plans it had partially blocked following a court ...

Student loan borrowers who haven't paid their debt now face seeing their wages garnished, Social Security benefits reduced, and more as debt collection resumes in 2025. A five-year break that began as ...

In 2020, the federal government paused collections efforts on defaulted federal student loans, part of pandemic relief efforts. While Congress said payments would start again in 2023, the pause ...

The Trump administration will resume debt collections for federal student loan borrowers who have defaulted on their debt starting May 5, putting millions of borrowers at risk of having federal ...

Student loan debt hits $1.65T, defaults rise, and wage garnishments loom—learn key impacts on consumer credit and how to ...

WASHINGTON, DC - APRIL 10: U.S. Speaker of the House Mike Johnson (R-LA) takes a question from a reporter after the House passes the Republican's budget plan at the U.S. Capitol on April 10, 2025 in ...

The Department of Education says federal student loan borrowers who do not pay on time could damage their credit scores and even have their wages garnished beginning today, May 5 — causing challenges ...

From paused student-loan repayment plans to new debt relief limits, 2026 brought critical changes to borrowers. There's a lot ...

The Trump administration is exploring whether to sell the federal government’s massive student debt portfolio to private companies, raising questions about what the move could mean for student loan ...

Under the rules, 15% of Social Security benefits could be used to offset federal student loans that are in default. On the plus side, up to $750 of monthly Social Security benefits are protected. Some ...