KEY TAKEAWAYS Republicans on the House Budget Committee have advanced a draft for the federal budget, and some provisions ...

Francesca Barrett never missed a payment, but says, ‘I get about $30 left over.’ As federal student loan collections resume ...

The credit rating downgrade signals higher borrowing costs, potentially impacting Nassau and Suffolk counties' budgets and ...

Federal student loan borrowers in default may soon suffer wage garnishments, among other consequences. Taking action now can help prevent your funds from being withheld.

Millions of student loan borrowers face credit score drops due to delinquencies, impacting their ability to secure new loans, according to the New York Fed.

On May 5, the U.S. Department of Education (DOE) began collections on defaulted federal student loans as part of a broader effort to eliminate loan forgiveness programs initiated during the ...

A new national survey reveals that public-sector employees are significantly more likely to hold student loan debt than their private-sector counterparts. However, they often face fewer long-term ...

The Department of Education told BI that it hopes to clear the backlog of income-driven repayment applications "over the next ...

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

Americans' consumer debt hit an all-time high in the Q1 2025, according to the Federal Reserve Bank of New York's "Quarterly Report on Household Debt and Credit." The report, which was released ...

As federal student loan servicers once again report delinquent accounts to credit bureaus, borrowers feel the impact and ...