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 ...

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 ...

If you have student loans, you've likely noticed just how much the rules around forgiveness have changed lately. From the restart of previously paused payments to sweeping overhauls of repayment plans ...

Less than half of student loan borrowers have been making their payments on $1.6 trillion of debt as they struggle to afford housing and groceries – and some are letting the bills pile up as a form of ...

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 ...