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5 million borrowers have now defaulted on their student loans — and data shows that number could soon double
The U.S. Department of Education (ED) released some dismal data in April. More than 5 million student loan borrowers had not made a payment in over a year and were in default. A further 4 million borrowers were in late-stage delinquency — meaning that within a few months, nearly 10 million borrowers could find themselves defaulting on their loans.
The U.S. Supreme Court resumed a case into a Biden-era forgiveness program for students, accusing colleges of misconduct.
With repayment plans on hold and recertification stalled, borrowers face delays, rising costs and uncertainty.
The document shows how the agency plans to comply with Trump’s executive order that sought to crack down on who can qualify ...
The videos suggest a quick hack for having student loans forgiven. Experts warn that trying it can inflict long-term ...
With the “big, beautiful bill,” Republican lawmakers are looking to reduce that number to two plans: a standard repayment plan that ranges from 10 to 25 years, and a new Repayment Assistance Plan, or ...
Student loan payment delinquencies are appearing on credit reports for the first time in more than 3 years, affecting credit ...
A Fayetteville woman was sentenced on June 24 for conspiracy to commit wire fraud in connection with stealing millions from ...
Student loan debt can present steep financial obstacles for young attorneys once they graduate from law school, and the Trump ...
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