Financial experts and borrower advocates warn changes may increase repayment costs, sacrifice flexibility and put vulnerable borrowers at greater risk.

U.S. federal student loan borrowers had a lot of leeway under President Joe Biden. That’s changing under President Donald ...

The Consumer Financial Protection Bureau is undergoing changes with big implications for a variety of consumer finance issues ...

As the Trump administration resumes collections on defaulted student loans, hundreds of thousands of older Americans with ...

Arising from the ashes of the 2007–2009 financial crisis, the Consumer Financial Protection Bureau (CFPB) was designed to ...

The Treasury Offset Program (TOP) allows the government to garnish up to 15% of Social Security benefits to recover defaulted ...

Millions of borrowers who are late on their student loan payments now face “grave consequences” as collection activity ...

Impact on Student Loan Borrowers While the full impact of the Vendor and Program Oversight Group layoffs remains to be seen, it doesn’t bode well for those with student loan debt. Many ...

With the resumption in student loan collections—which will include wage garnishments—borrowers in default may be facing even greater economic difficulties in the near future. The federal ...

CHICOPEE, Mass. (WWLP) – As the Department of Education resumes collections on defaulted federal student loans, millions of borrowers’ wages or tax refunds could be at stake if not paid off ...

More than five million student loan borrowers who are behind on payments could face serious benefit consequences by the end of the summer. The U.S. Department of Education announced on Monday ...