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Millions of borrowers are falling behind on student loan payments, triggering steep credit score drops. If you or your family carry student debt, here's what you need to know now.
This collections cliff arrives after a ... student loan debt collection. Student loan delinquency rates spiked once monthly payments resumed — one analysis found roughly 9 million borrowers ...
More than 2 million Americans’ credit scores were dinged suddenly by student loan delinquencies. Now they’re struggling to ...
The Department of Education announced Monday that it will resume collections on student loan debt next month, including by garnishing the wages of borrowers in default. Collections, which have ...
is restarting collections on defaulted federal student loan on Monday, as a new analysis shows that delinquency rates are higher than ever. Yu said there are no provisions that take into ...
The toughest consequences of late student-loan payments and nonpayments have returned, and many borrowers are buckling — including those who have a track record of paying their bills on time.
The analysis looks at the percentage of student loan borrowers at risk of default and the impact that has on their credit scores. Those in default face an uphill battle: Failing to make a payment ...
Student loan delinquencies spiked in the first few months of this year after a pandemic-era pause in reporting late payments ended, the New York Federal Reserve reported Tuesday in its quarterly ...
the extended lapse has prompted Trump administration officials to worry that the federal student loan portfolio is "headed toward a fiscal cliff if we don't start repayment in collections ...
About 4 million, or roughly one in five, federal student loan borrowers with a payment due are seriously delinquent, according to a new analysis published Monday by TransUnion. Research from the ...
The federal government on Monday will resume collecting defaulted student loan payments from millions of people for the first time since the start of the pandemic, officials said. The Trump ...