Tag Archives: Loan Default

When Student Loans Start Claiming Your Paycheck: What You Need to Know

Recent Developments in Student Loan Collections On April 21, 2025, the Department of Education made a significant announcement: as of May 5, 2025, it will restart efforts to collect on student loans that have fallen into default. Key Insights at a Glance If you neglect to make payments on your student loan, either the lender… Read More »