"They’re using every penny to pay off that debt." By his account, Elie Kirkland shouldn't have been at Morehouse College's commencement last year, when billionaire Robert Smith pledged to the class of ...

Millions of student loan borrowers could face a wake-up call Monday as the Department of Education resumes collecting on school loans. The restart of collections comes as data from a recent analysis ...

It has been more than five years since referrals for collections regarding student loans in default were paused as a form of temporary financial relief during the COVID-19 pandemic. Biden’s ...

The resumption comes as the Supreme Court deliberates student debt forgiveness. Jamilla Vanbuckley would like to buy a home one day. A correctional counselor in New York City, Vanbuckley has been ...

The five-year relief period is over, and defaulted student loan borrowers are left with two options: Pay up or face the consequences. On Monday, President Donald Trump's administration officially ...

The resumption of federal student loan collection efforts has created a financial crisis affecting millions of American borrowers, with only 38% maintaining current payment status as of late April.

Students studying in a library. Reporter The U.S. Department of Education announced on April 21 that the Office of Federal Student Aid (FSA) will restart its student debt collections on May 5. The ...

Advocates are ecstatic after the Trump administration agreed to a student loan forgiveness deal that will allow millions of borrowers to see relief, a rare happy break for a group that has found few ...

WASHINGTON – Since the COVID-19 pandemic, federal student loan borrowers have been mostly protected from the harshest consequences of not paying back their loans. That's about to change, and quickly.

WASHINGTON, DC - MAY 12: Student loan borrowers gather near The White House to support student loan forgiveness on May 12, 2020 in Washington, DC. (Photo by Paul Morigi/Getty Images for We, The 45 ...

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