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Trump wants Small Business Administration to handle student loans. Here's what borrowers need to know
In a recent announcement, President Donald Trump said he wanted to "immediately" transfer the country's $1.6 trillion student loan portfolio to the Small Business Administration. Experts ...
Education Department to resume collecting student loans in default
The Department of Education announced on Monday that it will restart collecting federal student loans in default on May 5, ...
White House Says It Will Seize Wages For Student Loans In Collection—Here’s What Borrowers Can Expect
“Borrowers will now be expected to repay their loans, and those who don’t will face involuntary collections,” White House ...
Trump administration is about to collect payments from millions of student borrowers. Experts say it risks slowing the economy.
The Trump administration’s plan to begin collecting defaulted college loan payments from millions of borrowers risks ...