News

The summer is looking grim for millions of student-loan borrowers behind on payments
Millions of student loan borrowers are facing potential wage garnishment this summer if they don't take the complicated steps to avoid default.
Why New Student Loan Borrowers Are Doing Better At Keeping Up With Payments Than Older Borrowers
New federal student loan borrowers seem to be doing better than older borrowers, as they have been able to enroll in the best income-driven repayment plan for their situation.
Student loan defaults will trigger 15% wage garnishment for millions
Nearly 6 million Americans are over 90 days late on student loans, risking up to 15% paycheck withholding under renewed federal collections.
Behind on student loan payments? Act now as 5 million summer defaults loom
If you haven’t made federal student loan payments since October 2024, you might default in July or August. Here’s how to get back into good standing ASAP.
5 million borrowers have now defaulted on their student loans — and data shows that number could soon double
The U.S. Department of Education (ED) released some dismal data in April. More than 5 million student loan borrowers had not made a payment in over a year and were in default. A further 4 million borrowers were in late-stage delinquency — meaning that within a few months, nearly 10 million borrowers could find themselves defaulting on their loans.
Here's how Arizonans' student loan payments will look under the new Trump plan
President Donald Trump's proposed budget bill includes a new student loan repayment plan that could significantly increase payments for some borrowers. The Student Borrower Protection Center estimates average annual payment increases of nearly $3,
How Trump’s spending bill could impact student loan borrowers
ABC News’ Alexis Christoforous breaks down what the “Big Beautiful Bill” could mean for people with student loans.
Student Loan Rates in July 2025: What Borrowers Need to Know
Private student loan rates change more often and can be fixed or variable. Rates are based on lender preferences, personal credit and market conditions. The best private student loan rates are usually available to those with excellent credit.
Student loan servicer says borrowers may reapply for IDR: What to know
MOHELA advised that reapplying for an income-driven repayment plan could speed up processing times amid a backlog.
Student Loan Default Risks Are Skyrocketing This Summer—Here’s What Borrowers Need to Know and Do
Ever ask yourself what happens when the “pause” button on your student loans finally flips off after all those years? Here’s a jaw dropper: almost 1.8 million borrowers could fall into default in July alone,
Student loan borrowers beware
July 1, 2025 \. Nearly two-million student loan borrowers could see portions of their wages withheld. More for Yo
Chi Chi Wu: Recent credit score drops come from Donald Trump’s bad policy
Student loan borrowers, fired federal workers and financially stressed farmers did nothing different when their credit scores ...
Student Loan Warning Issued Over Those With Debt
Borrowers who are behind on federal debts may be subject to wage garnishment and could see their credit scores take a ...
The Economist2d
Can Trump end America’s $1.8trn student-debt nightmare?
If the picture appears bleak for America’s graduates, it is bleaker still for Uncle Sam. Student lending was once profitable for the federal government. Now it loses 25 cents on every dollar lent. All ...
Debt collectors are coming for student loan holders. Affected employees may need HR’s help.
Employers are increasingly looking for ways to support employees facing wage garnishments and other issues due to unpaid debt ...
How to reduce student loans
Achieve reports on strategies to reduce student loans, including IDR plans, refinancing, and loan forgiveness options.