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DEFAULTED STUDENT LOANS
Wage garnishment shock: When will student loan collections resume? No one knowsStudent loan collections are still delayed, leaving millions unsure about wage garnishment. Officials say outreach may begin first, but no ...03 Apr, 2026, 07.43 PM IST- Credit scores drop amid loan payment struggles: Is rising student loan and mortgage delinquency hurting U.S. borrowers in 2026?The average U.S. credit score fell to 714 in October 2025. This fresh data highlights a worrying shift in consumer finances. Credit scores ...25 Mar, 2026, 09.46 PM IST
- Up to 15% of your paycheck gone? Government can take it without court — here’s whyStudent loan wage garnishment: Federal student loan defaults can lead to direct wage garnishment without court action, allowing up to 15% o...24 Mar, 2026, 07.46 PM IST
- Student loans could change fast as Trump’s Treasury takes over — here’s what 42 million borrowers must know nowStudent loans could change fast as Trump’s Treasury takes over. Treasury now controls $1.7 trillion in federal debt. Around 9 million borro...20 Mar, 2026, 09.30 PM IST
- Education department pauses wage garnishment and tax seizures for defaulted student loan borrowers amid repayment reformsThe US Department of Education has temporarily halted plans to resume wage garnishment and federal benefit seizures for defaulted student l...17 Jan, 2026, 02.11 PM IST
- Millions with debt brace for smaller paychecks as government crackdown begins from January 7Federal Student Loan Wage Garnishment Resumes: Starting January 7, 2026, the U.S. Department of Education will resume mandatory wage garnis...05 Jan, 2026, 07.39 PM IST
- Student loan wage garnishment returns in 2026 under Trump — what borrowers must know nowThe Trump administration plans to restart federal student loan wage garnishment for defaulted borrowers in early 2026. Notices will go out ...25 Dec, 2025, 07.35 PM IST
- Student loan delinquency hits nearly 6 million Americans — how can you avoid default and protect your credit now?Nearly 6 million Americans are now at least three months behind on their federal student loan payments, according to recent data from Trans...16 Sep, 2025, 08.31 PM IST
- Your paychecks could shrink as student loan wage garnishment resumes soon - here’s how borrowers can prepareStudent loan paycheck deductions: America is gearing up to restart wage garnishments for student loan defaulters after a long break. Millio...24 Aug, 2025, 02.22 AM IST
- Big blow to nearly half a million Americans as social security benefits to be confiscatedSocial security payments may be delayed this month. Millions could face benefit reductions due to defaulted student loans. The US Departmen...15 May, 2025, 08.55 PM IST
- Millions face student loan debt collection in US: Know how to avoid garnished wagesExperts suggest the US Department of Education can garnish up to 15% of the student loan borrower's disposable pay to repay the defaulted l...15 May, 2025, 07.17 PM IST
- Does parents’ default impact student loans?Banks are urging RBI and government to reconsider classifying education loans as non-performing when a co-applicant parent defaults on a se...26 Apr, 2025, 10.33 AM IST
- Government to resume collection of defaulted Student Loans: How to check your status and optionsEarlier this week, the Education Department delivered devastating news for federal student loan borrowers. The loan defaulters, who failed ...24 Apr, 2025, 09.45 PM IST
- Student borrowers beware: Donald Trump says default could cost you your social security and tax refunds, no exceptionsStudent loan defaulters will face strict actions starting May 5. The US Education Department will restart withholding tax refunds and Socia...23 Apr, 2025, 10.47 PM IST
- Another crisis in US looms large as deadline nears for 5 million student loan borrowersStarting May 5, the US Department of Education will send defaulted student loans into collections from around 5 million borrowers. This mar...23 Apr, 2025, 01.58 AM IST
- US education department to restart 'involuntary' student loan collectionsThe US Department of Education will restart the "involuntary" collection of defaulted federal student loans on May 5, ending a Covid-era pa...22 Apr, 2025, 03.05 PM IST
- Education loans in India shrink 25% in 4 yrsThe number of students able to secure loans fell to 2.5 lakh as of March 31, 2019 from 3.34 lakh students as of March 31, 2019 from 3.34 la...25 May, 2019, 11.23 AM IST
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