What is the effect when a half-million debt-burdened debtors seeking relief receive a “no” response each month? At the end of August 2023, the U.S. Department of Education denied 327,955 applications ...

By law, the feds can seize up to 15% of a borrower’s disposable pay if they have defaulted on federal student loans — without ...

The U.S. Department of Education announced on April 21 that the Office of Federal Student Aid (FSA) will restart its student debt collections on May 5. The announcement marks the first time in five ...

Key Points ・There will be new federal borrowing limits for professional students starting in the 2026–27 academic year. ・Professional students will be capped at $50,000 per year and $200,000 total in ...

NEW YORK (AP) — 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 ...

Congressional Republicans are quietly working toward one of the most consequential overhauls in the history of the federal student loan program – one that would affect the lives of millions of ...

Interest rates on subsidized Stafford Loans are set to double July 1, 2013. June 3, 2013— -- You've heard vague mentions of interest rates doubling on some student loans and it makes your stomach ...

Discover the key differences between loan delinquency and default, and learn how each state affects your credit score and ...

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