CNBC spoke with some of the student loan borrowers in default who are bracing for the consequences of wage garnishments and ...

The 66-year-old singer was part of the tribute to Cat Stevens' song "Wild World," which was one of 13 newly inducted ...

Millions of student-loan borrowers in default are at risk of wage garnishment this summer if they don't make payment plans.

LPL's Roach sees this as less of an issue. He said the postpandemic economy has largely been propped up by high-income ...

Those who haven't paid on their debt for nine months or more now face the harsh realities of debt collection. Here's what to ...

The Department of Education has resumed collections of student loans from late payers. How have you been affected?

A CNBC story about the Trump administration's move to garnish wages of defaulted student loan borrowers sparked many readers ...

The Massachusetts congresswoman said cutting people’s wages to pay back student loans is “cruel” — especially at a time of ...

The Department of Education and the Treasury Department are resuming collections for about five million defaulted student ...

AND THE DEPARTMENT OF EDUCATION RESUMED COLLECTIONS ON DEFAULTED STUDENT LOANS THIS MONTH FOR THE FIRST TIME IN FIVE YEARS. NOW, YOU MAY BE WONDERING, WHAT ARE YOUR RIGHTS IF A DEBT COLLECTOR CONTACTS ...

Once a federal student loan is in default, Ellywicz said, servicers can start the process of wage garnishment. The Education Department is not going to need to take any legal action before taking ...