Fact checked by Ward Williams An involuntary collection refers to a creditor collecting owed funds by garnishing a borrower’s ...

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

Millions of student-loan borrowers in default are at risk of wage garnishment this summer if they don't make payment plans.

CNBC spoke with some of the student loan borrowers in default who are bracing for the consequences of wage garnishments and ...

The 66-year-old singer was part of the tribute to Cat Stevens' song "Wild World," which was one of 13 newly inducted ...

Those who haven't paid on their debt for nine months or more now face the harsh realities of debt collection. Here's what to ...

The Department of Education has resumed collections of student loans from late payers. How have you been affected?

LPL's Roach sees this as less of an issue. He said the postpandemic economy has largely been propped up by high-income ...

A CNBC story about the Trump administration’s move to garnish wages of defaulted student loan borrowers sparked many readers ...

The Massachusetts congresswoman said cutting people’s wages to pay back student loans is “cruel” — especially at a time of ...

The Department of Education and the Treasury Department are resuming collections for about five million defaulted student ...

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