Earlier this year, the federal government announced it would restart student loan collection efforts and reinstate wage garnishment-a practice that has been suspended since March 2020. Originally ...

Shortly after the Trump administration resumed collection efforts on defaulted federal student loans, the Education Department offered more detail to borrowers about the timeline for garnishments and ...

The federal government said it will resume garnishing wages of defaulted student loan borrowers for the first time since 2020. Illinois residents who are behind in their student loan payments may ...

Lucy Lazarony is an experienced personal finance journalist and writer who got her start in 1998 writing about financial topics. She writes accessible and easy-to-understand articles about credit, ...

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 ...