Student Loan Default Consequences - Search News

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student loan, Fed and Social Security benefits

CNBC on MSN · 3d

As student loan default rate spikes, some borrowers face 'grave consequences,' New York Fed says

Millions of borrowers who are late on their student loan payments now face "grave consequences" as collection activity restarts, the New York Fed says.

NBC News on MSN · 2d

Student loan borrowers in default could see up to 15% of Social Security benefits garnished

That involuntary collection activity could have serious consequences on those who rely on the benefits to pay most, if not all, of their bills, consumer advocates say.

USA TODAY on MSN · 8d

Benefits could be withheld from 5.3 million defaulted student loan borrowers, feds say

By the end of summer, 5.3 million defaulted student loan borrowers may lose federal wages and benefits, the Department of Education announced.

3h

Student loans have been confusing lately. Here’s a guide to know where you stand

Between collections resuming, courts challenging student loan programs and layoffs in the Education Department, borrowers ...

CNET on MSN2d

Student Loan Delinquencies Have Doubled. How to Get Back on Track Even if You're Falling Behind

Experts say many borrowers have fallen out of the habit of repayment, which can result in serious consequences.

10don MSN

Debt collection on defaulted student loans has started again. Here’s what happens next.

Borrowers who are roughly a year behind on their loans could face harsh consequences such as having their Social Security ...

3hon MSN

Love Your Money: Student loan debt collection resumes, millions at risk of default

Shelby Love talks with a Student Loan Officer on what borrowers need to know, as the The U.S. Department of Education has ...

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