After a five-year pandemic-related payment freeze, the Education Department announced it will resume collections of its ...

The U.S. Small Business Administration (SBA) is offering up to $2 million in disaster relief loans to businesses and ...

In March, the SBA reinstated lender fees in an effort to stabilize the program and offset the financial fallout. Today, the ...

The loan-underwriting changes are one among many SBA leadership has rolled out since President Donald Trump's inauguration in ...

The Department of Education says it will resume collections on May 5 and send wage garnishment notices "later this summer." ...

Learn about default on federal student loans and the resumption of collections starting May 5, 2025 by the U.S. Department of Education.

The Department of Education will restart its collection of defaulted student loans after a more than five-year halt.

The Education Department announced it is restarting the collection of payments on defaulted student loans. Here’s what to know about the decision and how borrowers can protect themselves.

More than 5 million Americans who have defaulted on their student loans will have their wages garnished starting May 5 under ...

“Borrowers will now be expected to repay their loans, and those who don’t will face involuntary collections,” White House ...

The Education Dept. is restarting “involuntary” repayment of federal student loans in default. Here’s what borrowers who are ...