Mentions in press and media 12
| Date | Title | Description |
| 12.05.2025 | Trump administration moves to garnish wages of defaulted student loan borrowers: What to know | Student loan borrowers have a lot of questions about how wage garnishment works, as the Trump administration resumed involuntary collections. Those include concerns about how much money the government can take, whether they can challenge co... |
| 06.05.2025 | Trump administration to garnish wages of 5.3 million defaulted student loan borrowers this summer | The Trump administration is set to garnish the wages of the 5.3 million federal student loan borrowers in default in just a few months. Meanwhile, it began this week alerting around 195,000 defaulted borrowers that their federal benefits wi... |
| 25.04.2025 | ‘What payments can be garnished for my defaulted student loans?’ Answers to questions as collections resume | The U.S. Department of Education will restart the process of involuntary collections, including wage garnishments, as early as May 5. For five years, collection activity on federal student loans has mostly been paused. Here’s what borrowers... |
| 23.04.2025 | The Resumption of Involuntary Collections: A Wake-Up Call for Student Loan Borrowers | The U.S. Department of Education is sounding the alarm. After a long pause, involuntary collections on defaulted federal student loans are set to resume on May 5, 2025. This decision affects millions of borrowers, many of whom have been in ... |
| 23.04.2025 | The Return of Student Loan Collections: A Wake-Up Call for Borrowers | The U.S. Department of Education is turning the tide on student loan collections. After a long pause, the Office of Federal Student Aid will resume involuntary collections on May 5, 2025. This decision impacts millions of borrowers who have... |
| 22.04.2025 | What student loan borrowers need to know about ‘involuntary collections’ | In an op-ed Monday, Secretary of Education Linda McMahon explained the Education Department’s decision to resume “involuntary collections” of federal student loans that are in default. Within weeks, borrowers should contact the government’s... |
| 21.04.2025 | Education Department to resume ‘involuntary collections’ of defaulted student loans | The U.S. Department of Education announced Monday that its Office of Federal Student Aid will resume “involuntary collections” on May 5 for federal student loans that are in default. More than 5 million borrowers are currently in default, a... |
| 11.09.2024 | Business | Act now: Two key student debt relief programs expire Sept. 30 | Roughly 3 million borrowers have taken advantage of the on-ramp and were at least 30 days late on their loans as of June 30, according to Federal Student Aid office data. If you’ve been skipping payments, make a plan for October. Otherwise,... |
| 18.08.2022 | Student Loan Borrowers in Default Get a Do-Over | About 7.5 million student loan borrowers with loans in default are set to get a fresh start — a chance to enter repayment in “good standing” — but only if they opt in. Borrowers have until one year after the current payment pause expires — ... |
| - | Education Department offers a second chance to 7.5 million borrowers who defaulted on student loans — here's who is eligible | The U.S. Department of Education is giving borrowers who've fallen behind on their student loans a chance to get into current standing. Collection activity will also be suspended for a year. |
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