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The U.S. Department of Education announced on Monday that it will begin collecting on defaulted student loan payments ...
The move follows the expiration of payment pauses and grace periods that began under former President Biden's administration.
In all, some 42 million borrowers owe more than $1.6 trillion in student debt, according to the DOE. If the borrowers ...
Millions of borrowers are behind on their student loans following the end of the pandemic pause and changes to the loan ...
With protections lifted, borrowers behind on their payments may soon see up to 15 percent of their wages withheld.