Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

(NewsNation) — Starting next week, the Education Department will resume collections on defaulted federal student loans for the first time in more than five years. According to the federal agency, more ...

After a five-year suspension that began in March 2020, the Trump administration is turning the student loan default collections machine back on. Millions of borrowers with defaulted loans are poised ...

Starting next week, the Education Department said student loans that are in default will be referred for collections. Roughly 5.3 million borrowers nationwide are in default on their federal student ...

NEW YORK — Starting Monday, the Education Department says student loans that are in default will be referred for collections. Referrals for collection had been put on hold since March 2020 because of ...

The Trump administration says it will soon resume collections on defaulted student loans for the first time in five years, raising questions and anxieties for millions of borrowers across the country.