Trump, student loans and wage garnishment
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Sweeping student loan forgiveness changes for federal student loans are going into effect this year, and millions of borrower will be impacted. Here's a breakdown.
Opinion
Trump Administration Continues Biden-Era Student Debt Cancellation with Latest Pause on Collections
Today, the White House announced an indefinite pause of the collection of defaulted federal student loan debt, including through the Treasury Offset program, which applies any tax refunds towar
Federal student loan repayment rules change in 2026, affecting new borrowers; experts urge borrowers to review loans and prepare now.
At the current rate of processing, some borrowers with student loans eligible for loan forgiveness could be waiting many months, or even years, for a decision.
Scripps News on MSN
Millions of student loan borrowers face new repayment rules as garnishments restart
Federal wage garnishments on defaulted student loans return after 5 years, with major repayment changes and the early end of the SAVE plan in 2026.
One significant change that’s coming: all federal student loans will be streamlined under one new repayment assistance program.
The Private Educational Loan Program hosts five preferred lenders that offer financial resources to cover remaining educational expenses after financial aid is applied.
One blue state legislature is rolling out a statewide student loan program that will tap the state’s “emergency” fund to
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