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Student loan debt is taking a toll on employee’s 401(k)s, particularly as the Department of Education begins wage garnishment ...
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Explícame on MSNResumption of payments on student loans brings some good news for debtorsThe resumption of student loan payments, initiated by the Trump administration in May 2025, has sparked concern among millions of Americans. However, amidst these challenges, positive developments ...
Private student loan wage garnishment: Private student loans can enter default much sooner, "after just one missed payment," but your lender "first must sue you and win a court judgment" before ...
But now that collections have been back for several months, some defaulted borrowers need to worry about potential wage ...
The Trump administration is making significant changes to how it deals with student debt. It has resumed loan collections ...
Following the passage of President Trump's sweeping budget bill, here's some of the biggest changes to student loans.
Beyond possibly leading to wage garnishment, defaulting on a student loan hurts in other ways. It damages your credit, which raises borrowing costs or limits access to credit like mortgages and ...
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Trump's Department of Education said it is temporarily pausing student-loan forgiveness under IBR plans to comply with ...
More than 5 million student loan borrowers are currently in default, and that total could swell to roughly 10 million borrowers within a few months, according to the Education Department.
Mass student loan defaults could hurt the economy if borrowers have less money and feel unable to take financial risks, such ...
"Money is tight when you're a teacher," Collier, 46, said. Now he's afraid that the U.S. Department of Education will soon garnish up to 15% of his wages because he's behind on his student debt ...
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