College students will find it cheaper to take out loans in the upcoming school year: The Department of Education lowered ...

Borrowers who have defaulted on their federal student loans will no longer be at risk of having their Social Security ...

The Department of Education has not gone through with a plan to garnish Social Security checks over defaulted loans, a ...

Hundreds of thousands of student loan borrowers who were facing potentially imminent seizure of benefits got some good news.

In a recent court filing, the Education Dept. disclosed that 1,985,726 income-driven repayment plan applications were still pending as of the end of April.

NEW YORK (AP) — Between collections resuming, courts blocking student loan programs and layoffs at the Education Department, borrowers might be confused about the status of their student loans.

Social Security recipients who are behind on their student loans can breathe a sigh of relief — for now. The US Department of Education said it’s pausing plans to garnish Social Security benefits from ...

Later this summer, the Education Department said, all 5.3 million defaulted borrowers will receive a 30-day notice their wages will be garnished to cover their long unpaid student debt.

The Department of Education confirmed Tuesday it will not move forward with a previously-floated plan to garnish Social ...

the arm of the Education Department responsible for overseeing financial aid, including the nearly $2 trillion federal student loan portfolio. More than 350 colleges said delays in the federal ...