The credit rating downgrade signals higher borrowing costs, potentially impacting Nassau and Suffolk counties' budgets and ...

Millions of student loan borrowers face credit score drops due to delinquencies, impacting their ability to secure new loans, ...

On May 5, the U.S. Department of Education (DOE) began collections on defaulted federal student loans as part of a broader effort to eliminate loan forgiveness programs initiated during the ...

A new national survey reveals that public-sector employees are significantly more likely to hold student loan debt than their private-sector counterparts. However, they often face fewer long-term ...

The Department of Education told BI that it hopes to clear the backlog of income-driven repayment applications "over the next ...

Between collections resuming, courts challenging student loan programs and layoffs in the Education Department, borrowers ...

Americans' consumer debt hit an all-time high in the Q1 2025, according to the Federal Reserve Bank of New York's "Quarterly Report on Household Debt and Credit." The report, which was released ...

As federal student loan servicers once again report delinquent accounts to credit bureaus, borrowers feel the impact and struggle to get back in good standing.

People who stopped paying their student loans during the Covid-19 pandemic could soon start facing reductions in their ...

Each spring, as tassels are turned and degrees are conferred, college graduates across the country celebrate the culmination of years of study, sacrifice and — inevitably for many — debt. Against this ...

AND THE DEPARTMENT OF EDUCATION RESUMED COLLECTIONS ON DEFAULTED STUDENT LOANS THIS MONTH FOR THE FIRST TIME IN FIVE YEARS. NOW, YOU MAY BE WONDERING, WHAT ARE YOUR RIGHTS IF A DEBT COLLECTOR CONTACTS ...