What are the consequences of defaulting on a student loan? The repercussions can be serious
For student loan borrowers, we're gonna talk about something no one wants to face: defaulting on those loans. It's a scary word, and for good reason-the fallout can hit hard and st ...
Millions of student borrowers are behind on loans — and may see their credit scores tank, VantageScore finds
The 9 million federal student loan borrowers who are late on their bills may see their credit scores tank by as much as 129 ...
Delinquency rates soar as borrowers slow to repay student loans
Many borrowers fell behind on their debt and saw credit scores tumble after the end of a grace period that was meant to help ...
Income-driven repayment applications shut down, student loan borrowers left in the dark
By Eliza Haverstock, NerdWallet The U.S. Education Department took down the online and paper applications for all income-driven repayment (IDR) plans on Feb. 21, following the latest legal ruling in a ...
Can student loans garnish your wages in 2025? How to prevent defaulting from affecting your salary
Student loan wage garnishment is a real concern for borrowers who fall behind on payments, but understanding the rules ...
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Is Money Property? The Student Loan Debacle “Under the Aspect of Property Rights”
While the Biden administration's attempts to forgive billions of dollars of student loans ran into legal problems, there is ...
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Navigating Student Loan Forgiveness
Overall, the road to student loan forgiveness requires careful navigation, commitment, and a proactive approach to managing ...
They're not asking to cancel student debt. They just want the cheaper payments they were promised.
One Trump-voting student-loan borrower is disappointed to lose cheaper payments: "They're just going to leave everybody to ...
How Student Loan Servicers Are Dealing With Plan Uncertainty
Several income-driven repayment (IDR) plans, which provide borrowers with lower monthly payments, are being questioned in ...