NY Fed: 3.6 Million Federal Student Loan Borrowers Have Defaulted Since October Loans May 13, 2026 Federal student loan defaults are growing. The New York Fed’s latest Quarterly Report on Household Debt and Credit shows roughly…
Wage Garnishment On Defaulted Student Loans Restarts This Fall Loans May 10, 2026 The U.S. Department of Education, with the Department of Treasury, plans to resume administrative wage garnishment on defaulted federal student…
Treasury Set To Ramp Up Defaulted Student Loan Collections In July Loans April 21, 2026 Hundreds of thousands of federal student loan borrowers in default could start hearing from the government and their debt collectors…