News

The Education Department’s move to resume collections on millions of student loans after a five-year pause sets the stage to ...
Wage garnishment for defaulted student loans has officially resumed. Here’s who’s at risk, how it works, and what borrowers ...
The Department of Education restarted collections of loans in default on Monday, putting millions of borrowers at risk of having their benefits and wages garnished. Here’s what to know.
Student loan borrowers facing financial distress increasingly turn to a once-overlooked legal strategy—bankruptcy—to protect ...
Under the bankruptcy law, a person may be released from their student loan debt seven years after they cease to be a full- or part-time student. In 2019, the woman unsuccessfully argued that she ...
Jana Heartwood owes more than $40,000 in student loan debt. She says when payments resumed last year, she was not notified and is now struggling to get answers from her loan servicer.
McMahon did not rule ... to "discharge" their debt. Unlike some other consumer loans, student loans can only be discharged if a borrower meets certain specific criteria. For some borrowers, this is ...
OTTAWA — The Supreme Court of Canada says a person must wait seven years after completely finishing their post-secondary studies before they can be released from student loan debt under the federal ...
McMahon did not rule out ... this is possible if they've declared bankruptcy and demonstrate undue hardship. More student loan borrowers have successfully received debt relief through bankruptcy ...