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Trump Administration To Resume Collections On Student Loans: 5 Million Borrowers In Default
Friday, April 25, 2025 - 11:29am | 495The U.S. Department of Education will resume collections on defaulted federal student loans starting next month, marking the end of a collections pause that began in March 2020 as a pandemic relief measure. The Details: Beginning May 5, the government will use the Treasury Offset Program to...
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Discretionary Retail Slowdown Fears As Debt-Saddled Graduates Resume Loan Repayments
Monday, November 20, 2023 - 3:34pm | 389U.S. home goods retailers could bear the brunt of a retail slowdown as hundreds of thousands of cash-strapped young people put off setting up new homes, pressured by the resumption of expensive student loan repayments. Analysts at KeyBanc Capital Markets suggest discretionary spending could slow,...
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Private Student Loan Debt: Overlooked 411
Sunday, October 19, 2014 - 10:25am | 878As higher education costs soar, the number of prospective students turning toward private student loans instead of or in addition to federal loans is likewise escalating. In considering what loan options are best, many factors come into play. The professional opinions regarding federal versus...