Hundreds of thousands of borrowers fell into default on their federal student loans this year, according to new Education ...

Millions of federal student loan borrowers will see major changes after a series of announcements from the Trump ...

The Education Department debuted a long-awaited new portal to help borrowers resolve defaulted federal student loans. But ...

Key Points ・The Department of Education’s official FY 2023 cohort default rate is 0.4%, up from 0.0% for FY 2022. Just 14,296 ...

The Trump administration is launching its new online default portal for student-loan borrowers as part of the transfer of ...

For many American student loan borrowers, the risk of default feels closer by the day. More than 5 million borrowers with student loans from the Department of Education were in default as of June 2025 ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The number of federal student loan borrowers in default continued to ...

The Trump administration will begin seizing the pay of people in default on their student loans early next year, marking the first wave of new wage garnishments since the pandemic, the Education ...

More than 9 million borrowers have defaulted on their student loans, marking a record high. Millions more are behind on payments and at risk of defaulting in the next six months, according to the ...

The Trump administration will begin garnishing wages of student loan borrowers in default starting in January, the Education Department told CNN on Tuesday. “We expect the first notices to be sent to ...

New Online Portal Provides Streamlined Options for Millions of Borrowers to Address Defaulted Loans and Return to Repayment WASHINGTON – The U.S. Department of the Treasury (Treasury) and the U.S.