The U.S. Department of Education has extended the pandemic-era pause on collection efforts of defaulted student loan borrowers once more.
The Trump administration will start garnishing the wages of student loan borrowers in default in early January, a spokesperson for the U.S. Department of Education confirmed to CNBC on Tuesday. More ...
COLUMBUS, Ohio (WCMH) — The Department of Education will legally withhold portions of student loan borrowers’ paychecks who have defaulted on payments in 2026. First reported by the Washington Post on ...
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Best Student Loan Rates for January 27, 2026: Low as 2.69%
Student loan rates have held steady over the last week. As of January 27, 2026, private student loan lenders are offering fixed rates as low as 2.69% APR and variable rates starting as low as 3.28% ...
The Education Department will start wage garnishment for defaulted student loan borrowers in the new year. Starting in early 2026, loan holders can begin garnishing pay — or order the employers of ...
The Trump administration plans to garnish paychecks of borrowers who are in default on their federal student loans. The Department of Education says it will begin sending out notices to about 1,000 ...
WASHINGTON, DC - NOVEMBER 20: Secretary of Education Linda McMahon (L) speaks during a White House press briefing with White House Press Secretary Karoline Leavitt (R) on November 20, 2025 in ...
The average interest rate on 10-year fixed-rate private student loans dropped last week. For many borrowers, that means rates ...
Officials say they are making changes to the "broken" student loan system.
Certain types of student loan forgiveness is taxable again after a law expired in 2025 that shielded borrowers. The taxation change applies to the U.S. Department of Education's income-driven ...
The Trump administration will begin garnishing wages of student loan borrowers in default starting in January, the Education Department told CNN on Tuesday. “We expect the first notices to be sent to ...
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