Last updated: 2025-12-24 04:08:32 ET
The Trump administration says it will begin garnishing the wages of student loan borrowers who are in default early next year
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for th...
Starting the week of Jan. 7, the Dept. of Education will begin sending notices about paycheck deductions to about 1,000 of five million borrowers in d...
About 5.5 million borrowers are currently in default. They haven't risked wage garnishment since the beginning of the pandemic, when policymakers paused the practice.
The Trump administration will start garnishing the wages of student loan borrowers in default in early January.
Student-loan borrowers in default are set to see their paychecks garnished in early January
Student-loan borrowers with higher incomes are now eligible for cheaper payments and debt relief
Bondholders for one of China’s biggest real estate developers extended a grace period to negotiate a delayed repayment of a $285 million bond.
Student-loan borrowers are gearing up for higher monthly payments after Trump moves to ax their affordable plan: 'I'm bracing for an astronomical bill'
Tricolor's collapse was one of a string of defaults that churned the U.S. banking industry this fall, sparking concerns over risks in the financial sy...
