student loans

student loans


Student loans in default will be sent for collection. Here’s what to know for borrowers

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 student loans and soon could be subject to having their wages garnished. Referrals for collection had been put on hold since March 2020 […]

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Musk team’s access to student loan systems raises alarm over borrowers’ personal information

WASHINGTON (AP) — Democrats are pushing back against Elon Musk’s Department of Government Efficiency as it turns its attention to the Education Department, with lawmakers raising concerns about DOGE’s access to internal systems containing personal information on tens of millions of Americans. In a letter to the acting education secretary, a group of Democrats is […]

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