Federal student loan borrowers in default may soon suffer wage garnishments, among other consequences. Taking action now can help prevent your funds from being withheld.

According to the U.S. Department of Education, approximately 5.3 million borrowers currently in default on their federal ...

The Department of Education said all borrowers in default would receive emails from Federal Student Aid informing them of the developments and urging them to contact the department's Draft Resolution ...

"If there is no employer, wage garnishment can't happen," he said. Borrowers in default will receive a 30-day notice before their wages are garnished, a spokesperson for the Education Department ...

Student debt rules are shifting again. Here's what borrowers need to know about collections, repayment, and forgiveness in ...