The U.S. Department of Education announced Monday that it will resume involuntary collections on defaulted student loan payments on May 5. Since March 2020 — the start of the COVID-19 pandemic — there ...

Your credit score and credit history are important for many reasons, but this is especially true when it comes to applying for additional credit or loans. If your credit history is riddled with missed ...

Eastern Michigan University's troubled parking system concession deal hit a new low this month with the first payment default on a $36 million bond issue tied to the transaction. Processing Content ...

(CNN) — The Department of Education restarts collections of loans in default on Monday, putting millions of borrowers at risk of having their benefits and wages garnished. The move arrives as the ...

The U.S. Department of Education has extended the pandemic-era pause on collection efforts of defaulted student loan borrowers once more.

For the first time in five years, the federal government is resuming collections on federal student loans that are in default, starting May 5. Students with outstanding loans have several options for ...

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 ...

For the first time in five years, starting this week, the federal government is resuming collections on federal student loans that are in default, an accelerated process that allows financial ...