The U.S. Treasury will now collect defaulted federal student loans, a move critics say could confuse borrowers.
NEW YORK, NEW YORK - MARCH 07: United States Secretary of Education Linda McMahon visits "Fox & Friends" at Fox News Channel Studios on March 07, 2025 in New York City. McMahon announced this week ...
WASHINGTON, DC November 20: US Secretary of Education Linda McMahon during the daily briefing in the Brady Briefing Room of the White House on Thursday November 20, 2025. The Education Department is ...
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7.7 million Americans in default are about to face the government's top debt collector
With student loan collections moving to the Treasury, the 7.7M borrowers in default face new risks. Learn about the Treasury ...
It has been more than five years since referrals for collections regarding student loans in default were paused as a form of temporary financial relief during the COVID-19 pandemic. Biden’s ...
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Your tax refund could be at risk if you’re severely behind on student loan payments, as the federal government has the authority to seize tax refunds for collection. This is a growing concern as ...
The Social Security Administration (SSA) today announced the immediate resumption of debt collection activities through the Treasury Offset Program (TOP) for debts accrued prior to March 2020. This ...
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