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Less than two months after the U.S. Department of Education resumed collection activities on defaulted loans, federal student loan delinquencies jumped to 31.0% in April 2025, compared with 20.5% ...
Nearly two million student loan borrowers are at risk of having their wages garnished this summer, according to a new estimate from TransUnion.. Roughly six million federal student loan borrowers ...
Nearly two million student loan borrowers are at risk of having their wages garnished next month, credit-reporting agency TransUnion said on Tuesday.. Fresh data shows a sharp increase in the ...
Mass student loan defaults could hurt the economy if borrowers have less money and feel unable to take financial risks, such ...
Borrowers who are behind on federal debts may be subject to wage garnishment and could see their credit scores take a significant hit.
By next summer, new borrowers will have just two repayment options, streamlining the previous menu to pay off ...
A new analysis by TransUnion found that as of April, 31% of student loan borrowers with a payment due are in "late-stage delinquency," or over 90 days past due on payments. That's the highest ...
Federal student loan borrowers are missing payments at the highest rate on record, according to data from TransUnion. Almost one-third of borrowers — or 5.8 million people — are delinquent on ...
Less than two months after the U.S. Department of Education resumed collection activities on defaulted loans, federal student loan delinquencies jumped to 31.0% in April 2025, vs. 20.5% in ...